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In a stark assessment of Canada's economic landscape, Bank of Canada Governor Tiff Macklem has raised concerns that the federal government's spending is not supporting the central bank's efforts to...
Canadian consumers are planning to significantly reduce their holiday expenses due to the rising inflation and soaring interest rates, according to a poll conducted by BMO Bank. The survey revealed...
On Wednesday, both the S&P/TSX composite index and major New York indices, including the Dow Jones average, S&P 500 index, and Nasdaq composite, experienced a downturn due to weakening energy and base...
The Quebec City Census Metropolitan Area (CMA) has experienced a thriving real estate market in October 2023, marking it as the third-best performing October in 23 years. The robust regional economy...
Bank of Canada's Governor, Tiff Macklem, expressed concerns over the bank's decision to maintain the neutral rate of interest during their annual review. Speaking at a Senate economy committee meeting...
Bank of Canada's Governor, Tiff Macklem, informed the House of Commons finance committee that removing the federal carbon tax could lead to a significant, albeit temporary, drop in Canadian inflation....
The Canadian economy has shown signs of stagnation in the recent quarter, potentially entering a technical recession due to previous aggressive rate increases by the Bank of Canada. Preliminary...
Governor Tiff Macklem's Bank of Canada (BoC) is expected to maintain its overnight target rate at 5% for the second time following the October meeting, according to Wednesday's updates. This decision...
A recent survey conducted by Zoocasa, a real estate company, has revealed an increasing concern among its 1,634 blog readers and newsletter subscribers over potential mortgage rate hikes in Canada....
In a series of aggressive moves since March 2022, the Bank of Canada has been consistently raising interest rates from a mere 0.25% to five percent. The escalation in rates was primarily a response to...
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