Top Results For: rate

Nova Scotia Power says it’s looking to increase rates to offset storm restoration costs accumulated throughout 2023. If approved, a rate hike could be in store for customers – but that isn’t sitting well with Nova Scotia Premier Tim Houston. Vanessa Wright has more.

It’s National Immunization Awareness Week in Canada. But Alberta is seeing a low rate of vaccination among adults. Infectious disease physician Dr. Oscar Larios joined Global News Morning Edmonton to talk more about the importance of staying up-to-date with your vaccinations.

Many mortgage holders are now about to endure what’s being called mortgage payment shock as they are forced to renew their mortgage at a substantially higher rate than before, and here to talk about it is Travis Lowe with this month’s Money Tips Monday segment.

According to new U.S. research, patients treated by female doctors experienced lower rates of mortality and hospital readmissions. Health reporter Katherine Ward explains.

The Canadian economy lost steam in February, increasing pressure on the central bank to cut its benchmark interest rate sooner rather than later. Anne Gaviola has more on what this means for household budgets across Canada.

New data from Statistics Canada is raising alarms for Nova Scotia, where poverty and food insecurity is the highest in the country. Megan King reports.

The Federal Reserve on Wednesday emphasized that inflation has remained stubbornly high in recent months and said it doesn’t plan to cut interest rates until it has “greater confidence” that price increases are slowing sustainably to its two per cent target. “In recent months,” Chair Jerome Powell said at a news conference, “inflation has shown...

Asked about the U.S. Federal Reserve potentially not cutting interest rates unless inflation eases and whether the same could happen with the Bank of Canada, Finance Minister Chrystia Freeland says the job of the government is to keep inflation low and that it is “sticking to a responsible and fiscal plan” within its budget.

Higher interest rates have force many Canadians to delay or cancel large purchases. But data shows sales of electric vehicle, typically more expensive than gas-powered cars, continued to rise. Nathaniel Dove explores the trend and what it means for the federal government’s goal of phasing out gas-powered car car sales by 2035.

Canada’s annual inflation rate rose slightly last month, accelerated largely by higher gas prices, data showed Tuesday. Statistics Canada reported that the overall inflation rate in the country was 2.9 per cent year-over-year in March, up from 2.8 per cent the previous month. Governor of the Bank of Canada Tiff Macklem weighed-in on the data,...

The Bank of Canada is holding its key interest rate at five per cent, but suggests a cut could be on the horizon. Mackenzie Gray looks at when that could happen, and what Bank of Canada Governor Tiff Macklem wants to see before making rate cuts.

Canada’s central bank is holding its benchmark interest rate steady at five per cent for the sixth straight decision, amid signs inflation is easing. Anne Gaviola has more on why at least one economist says a June rate cut should be in the cards, or Canada’s economy risks getting left behind.

Canada’s central bank is holding its benchmark interest rate steady at 5 per cent for the sixth straight decision, amid signs inflation is easing. Anne Gaviola has the details in Business Matters for Wednesday, April 10.

Canada’s annual inflation rate rose slightly to 2.9 per cent last month, driven largely by higher gas prices. In Business Matters for Tuesday, April 16, Anne Gaviola has more on why the cost of living accelerated in Statistics Canada’s latest inflation snapshot.

Canada’s unemployment rate jumped to 6.1 per cent in March amid rapid growth in the labour pool, according to data released Friday by Statistics Canada. The unemployment rate was 5.8 per cent in February.

As the spring housing market in Canada kicks off in March, the Bank of Canada’s interest rate announcement on Wednesday could provide valuable insights for prospective homebuyers who are waiting for the right moment to make a purchase. Experts predict that the central bank will exercise caution in order to avoid adding fuel to an...

The Bank of Canada held its benchmark interest rate steady on Wednesday amid signs that inflation is easing. Asked about whether an interest rate cut in June was on the table, governor Tiff Macklem said it was “in the realm of possibilities.”

The Bank of Canada is set to make its latest interest rate announcement this week, and release a monetary policy report. Canadians will be looking for clues about when interest rates could begin coming down. Nivrita Ganguly has the details in Business Matters for Monday, April 8, 2024.

As of April 1, NB Power rates are going up by more than 10 per cent. Anna Mandin reports on what that means for consumers.

Mortgage renewal can cause a lot of questions to surface, Jennifer Palma speaks with Angela Calla, a mortgage broker who offers tips on how to find the best rate for your renewal.