interest rates
Nigeria’s recent monetary President Bola Tinubu Promises Monetary Policy House Cleaning
President Bola Tinubu has declared that monetary policy under his administration will go through house cleaning. Tinubu while delivering his inaugural address at...
Supply bottlenecks leave U.S. Fed watching for persistent inflation
By American standards, Canadian inflation looks pretty tame. But the picture painted by U.S. Federal Reserve chair Jerome Powell suggests we should expect price rises...
Canadian house prices and home sales hit records in March — but have fallen every month since
The price of the average Canadian home that sold in June was $679,000, an increase of 25 per cent in the past year....
Risk of a housing slump, rising loonie mar good news for Canadian economy
Bank of Canada governor Tiff Macklem had some optimistic comments when he met with reporters Wednesday following his latest Monetary Policy Report. But, as usual,...
Plenty of room for house prices in Canada to rise as interest rates stay low
In what’s shaping up as a post-pandemic battle for talent, an Ontario company has a plan to harness the Canadian itch to get into...
On this Canada Day, Canadians face calls for change — and economic historians have been trying to adjust
This week’s deadly heat wave, with its new record temperatures, is just one example of how the country’s economy seems to be embroiled in change this Canada...
Average Canadian house price up 38% compared to last year, but down from March
The average selling price of a Canadian home was $688,000 last month, a figure that has risen by more than 38 per cent...
With reports of a labour shortage, can the pandemic recovery help raise wages?
As Canadians wait for Friday’s latest jobs numbers, there are growing reports that a shortage of labour will lead to rising wages as...
Customers call out banks for increasing fees during pandemic while profits are up
Audrey Williams was more than a little miffed to learn that fees at TD Bank are going up on June 1. “I looked...
Bank of Canada reminds us of more things to worry about
Whether you are a teacher, a student, a medical professional or just coping with the COVID-19 crisis in your daily life, there are...
Housing market slowed down in April, but average price still rising at record pace
Canada’s red-hot housing market showed small signs of cooling down in April, even as the average selling price is up by nearly half from...
With one budget, Freeland overturned 3 decades of political orthodoxy
Nearly seven years ago, a rookie politician surveyed the political landscape across the democratic world and saw the outlines of a new era....
Prince George, B.C., was once a city of affordable homes. Now, it’s home to bidding wars
A B.C. city that once sold ads on Vancouver’s SkyTrain promising affordable home ownership is now dealing with bidding wars and same-day sales —...
Average price of Canadian home rising at fastest annual pace ever, now up to $716,828
Canada’s red hot housing market continues to defy expectations, with sales in March up 70 per cent compared to a year ago and...
Hopeful buyers stand in line for chance to snag townhomes in Vancouver suburb
A line stretched up a newly poured sidewalk in Langley, B.C. on Saturday as hopeful home buyers queued for a chance to get into Metro Vancouver’s...
