The central ban, has been incorporating into its projections the fallout of U.S. steel and aluminum tariffs as well as retaliatory measures by Canada and others. Continue reading
Jens von Bergmann has created a new school tax calculator he says could help add perspective to the debate. Continue reading
The rate hike was widely expected. Continue reading
BMO chief economist and managing director Doug Porter warns “the loonie has never met a financial sell-off it didn’t want to join. “ Continue reading
Anticipation of Wednesday’s interest rate hike forced banks to raise their mortgage rates, which could slow down home sales. Continue reading
And further interest rates increases are likely ‘warranted’ in the future, the central bank said in its statement. Continue reading
Millennials and gen-Xers are particularly vulnerable to increasing debt-servicing costs, two separate reports suggest. Continue reading
Interest rate hikes, new mortgage rules and minimum wage increases could all impact Canadians’ debt burden. Continue reading
In Wednesday’s policy announcement, Bank of Canada governor Stephen Poloz said that Canadian interest rates would be going up “over time.” Continue reading
Another rate hike is not expected until March next year. Continue reading
