As central bankers raise interest rates in hopes of cooling inflation, we are now starting to see of the effects of higher borrowing costs on household budgets …
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Rate hikes like pouring cold water on Canadian economy
The Bank of Canada’s decision to raise interest rates another three-quarters of a point is pouring plenty of cold water on the Canadian economy -- but there may …
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Bank of Canada expected to raise rate again
This is bank rate week, the time when Canada’s central bank decides on the rate it charges banks. The last time was in July when the Bank of Canada raised …
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Beware: Recessionary Tales
Tracking of economic numbers is always a few months behind real time as it takes about three months to accumulate all the information. So, the latest …
Interest Rates More Likely to Go Down than Up
The indicators are starting to point in the same direction: that interest rates are more likely to fall than to rise. That is something of a contradiction of …
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Household debt shrinking
For the past few years we’ve heard successive finance ministers and the Bank of Canada governor cautioning Canadians on the amount of debt they carry. They …
