Interest Rates

• Surging cost of living leading to ‘inflation isolation’ in B.C.: Poll

  The rising cost of living is having a negative effect on British Columbians' mental health and social connections, not just their pocketbooks, according to a new poll.

  Economy

  Nov 27
  
• Rising costs causing ‘inflation isolation’ among Canadians, poll finds

  Amidst the rising tide of inflation Canadians are not only facing financial stress, but the rising costs are also exerting a toll on their mental well-being.

  Health

  Nov 27
  
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• Retail sales rose slightly in September. Here’s where consumers spent more

  Statistics Canada says retail sales rose 0.6 per cent to $66.5 billion in September led by increases at motor vehicle and parts dealers.

  Economy

  Nov 24
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• Short-term rental owners rethinking investment over rates, regulations: experts

  For a while, people listing cottages and condos for rent on Airbnb, Vrbo and other online marketplaces were making more money than they had in years.

  Canada

  Nov 9
• Toronto-area new condo sales remain near 20-year low: new report

  Rising interest rates and market uncertainty continued to impact the Greater Toronto Area new condo market in Q3-2023, according to a report from Urbanation.

  Canada

  Nov 1
• U.S. Fed leaves rates unchanged, but leaves door open to future hikes

  The U.S. Federal Reserve held interest rates steady on Wednesday but left the door open to a further increase in borrowing costs.

  Economy

  Nov 1
• More Canadians struggling with car loans as debt load becomes ‘too much’

  In the Bank of Canada's Monetary Policy Report released Thursday, the bank said that delinquency rates for motor vehicle loans have surpassed pre-pandemic levels.

  Canada

  Oct 26
• Canadian lenders should set aside more capital as mortgage risks mount: regulator

  Canada's nearly $2 trillion mortgage market has been shaken up by the central bank's interest rate hikes, with many home owners only able to make interest payments.

  Economy

  Oct 20
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• Struggling Winnipeg skateboard shop overwhelmed by community support

  Sk8 Skates, a Winnipeg skateboard shop, says it's received an outpouring of support after posting about its business struggles two weeks ago.

  Economy

  Oct 17
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• Calgary’s rental reality remains grim for many struggling renters

  A new report on Canada's rental rate hikes point to growing increases and records in Calgary amid a hot housing market that has no signs of cooling down.

  Money

  Oct 16