There’s an argument circulating in financial circles that our high inflation rate is actually a choice made by the central bank and they have the option to …
[Read more...] about Bank of Canada’s role in inflation questioned
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There’s an argument circulating in financial circles that our high inflation rate is actually a choice made by the central bank and they have the option to …
[Read more...] about Bank of Canada’s role in inflation questioned
It’s a good new, bad news story. The headline data in Friday’s report on the country’s GDP growth – or perhaps more accurately lack of growth – caught observers …
It’s not only the poor that are getting poorer. So are the rich. The latest assessment of the worth of Canadians is a picture of a nation whose citizens are …
[Read more...] about Canadians of all income levels seeing net worth drop
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 …
[Read more...] about Canadians borrowing as higher interest rates strain households
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 …
[Read more...] about Rate hikes like pouring cold water on Canadian economy
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 …
[Read more...] about Bank of Canada expected to raise rate again