Interest rate cuts likely to be ‘gradual’ amid inflation risks: Bank of Canada
The Bank of Canada's governing council is in agreement that the eventual easing in interest rates will be 'gradual' amid outstanding risks for inflation.
Economy
Apr 24
Edmonton’s overall crime rate down in 2023, violent offences up: police
EPS released its 2023 crime statistics on Thursday, which show an increase in violent crimes of approximately 7.3 per cent.
Crime
May 2
Mortality rates among Hamilton’s unhoused are not getting better: report
Life-expectancy studies over the past three years from health and outreach workers suggest the mortality rate of people without shelter in Hamilton, Ont. hasn't changed much.
Health
Apr 30
Parking rates going up at Peterborough Regional Health Centre
PRHC says parking rates have not increased since 2016 despite rising maintenance costs.
Economy
Apr 26
U.S. Fed says it won’t cut rates until it has ‘greater confidence’ on inflation
The Fed emphasized inflation has remained high in recent months and said it doesn’t plan to cut rates until it has “greater confidence” price increases are slowing sustainably.
Economy
May 1
Treatment from female doctors leads to lower death rates, study finds
Women have better survival rates and lower hospital readmission rates when treated by female physicians, a new study found.
Health
Apr 24
Hamilton home prices may rise if mortgage rate drops: CMHC
A three-year forecast from Canada’s housing agency suggests higher prices could be driven by increased home sales should mortgage rates drop.
Canada
May 2
Money Tips Monday: Growing number of Canadians facing high mortgage renewal rates
Financial experts have said some mortgage holders could see an increase of 30 to 40 per cent in their monthly payments when they renew.
Money
Apr 29
Some fixed mortgage rates are up despite hints of Bank of Canada cuts. Why?
Some fixed mortgage rates are rising in the Canadian housing market, experts say. Here's why, and what it means for homebuying hopefuls this spring.
Money
Apr 15
Where are Canada’s worst Uber riders? Ride-hailing app releases ranking
Uber is offering a one-time discount to Canadian riders with the highest ratings to reward them for their good behaviour over the past year.
Canada
Apr 5
U.S inflation rises in March, could ‘undermine’ Fed’s confidence for rate cuts
U.S. consumer inflation remained persistently high last month, boosted by gas, rents, auto insurance and other items, the government said Wednesday.
U.S. News
Apr 10
Bank of Canada holds key rate, but signals June cut in ‘realm of possibilities’
The Bank of Canada maintained its key interest rate at five per cent on Wednesday amid recent declines in the annual rate of inflation.
Economy
Apr 10
Spring housing market looms over the Bank of Canada’s rate decision. Here’s why
The Bank of Canada itself has warned a hot spring housing market could 'stoke' inflation. Here's what economist say those fears mean for the central bank's rate decision Wednesday.
Economy
Apr 9
Rate cuts in June or July? What economists are saying after the latest GDP data
Signs of a slowing Canadian economy puts more pressure on the Bank of Canada to pivot to interest rate cuts, according to some economists.
Economy
Apr 30
Nova Scotia rates of poverty, food insecurity in 2022 worst among all provinces
New data from Statistics Canada shows that Nova Scotia’s rates of poverty and food insecurity in 2022 were the highest of any province.
Canada
Apr 30
Can the Bank of Canada cut rates before the U.S.? What Macklem, economists say
The Bank of Canada will be watching its counterpart south of the border carefully as it gauges when to start cutting its benchmark interest rate. Here's why.
Money
May 2
Canadian consumers and businesses pin hopes on lower interest rates: BoC
Canadian consumers and businesses are slightly more optimistic about the future, Bank of Canada surveys show, though both groups are dealing with high interest rates and inflation.
Canada
Apr 1
EV sales in Canada rose in recent years despite higher interest rates. Why?
Electric vehicle registrations rose in recent years despite interest rates also rising. Experts caution Canada's transition to EVs could still be challenging.
Canada
Apr 24
More youth are seeking EI amid rising unemployment rates: StatCan
Statistics Canada's data showed that the number of youth receiving employment insurance in February increased for the fourth consecutive month.
Canada
Apr 18
Inflation ticked higher in March. Are Bank of Canada rate cuts still in the cards?
Statistics Canada reported that the overall inflation in the country was 2.9 per cent year-over-year in March, up from 2.8 per cent the previous month.
Economy
Apr 16