What the Bank of Canada’s rate hike means for consumers and businesses
Videos
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What the Bank of Canada’s rate hike means for consumers and businesses
04:28 | June 7, 2023
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Pro-Palestinian encampment sets up at University of Calgary
02:04 | May 9, 2024
-
Calgary Stampede announces midway foods for 2024
01:09 | May 8, 2024
-
Alberta’s Bill 20 includes bold steps to address housing crisis
02:13 | May 8, 2024
-
Pro wrestling great Chris Jericho set to return to Calgary during the Stampede
05:25 | May 7, 2024
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Lovable Puppers: Meet the adorable dog ready for adoption
02:28 | May 6, 2024
-
Owner of dogs that fatally attacked Calgary woman sentenced
02:01 | May 6, 2024
-
Meet Jasper, the gentle giant looking for his forever home
02:44 | May 3, 2024
-
Cochrane Humane Society spotlights Malone: A treat-loving, people-pleasing pup
02:01 | May 1, 2024
-
One person sent to hospital after fire at Calgary heritage building
02:26 | May 1, 2024
-
Heavy snow causes tree damage, power outages in Calgary
02:04 | April 30, 2024
-
Meet Angel: The active and adventurous 7-year-old dog ready for a loving home
02:28 | April 29, 2024
-
2024 Calgary Expo kicks off with Parade of Wonders
02:35 | April 26, 2024
-
Cochrane Humane Society introduces us to Queenie, the ultimate cuddle buddy
02:55 | April 24, 2024
-
Stage West’s ‘Beautiful’ tells story of singer-songwriter Carole King
04:43 | April 24, 2024
-
Rescued and Ready: Meet Gene, the feline survivor seeking a loving home
02:34 | April 19, 2024
-
Drought concerns prompt water-use agreement in Alberta
02:55 | April 19, 2024
-
Meet Harvey: The affectionate black dog
02:35 | April 17, 2024
-
Meet Dora: Adorable husky puppy available for adoption
02:54 | April 15, 2024
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Calgary police investigate after multiple shots fired at Taradale home
00:28 | April 15, 2024
-
Adorable ‘Squish’: A staff and volunteer favourite looking for a home
02:21 | April 12, 2024
-
Calgary fire crews respond to late-night fire that sent man to hospital
02:00 | April 11, 2024
-
5-month-old Bean up for adoption at the Cochrane Humane Society
02:35 | April 10, 2024
-
Fire proves challenging for Calgary crews early Tuesday
00:56 | April 9, 2024
-
Meet Minty Fresh: Adorable feline seeking a forever home
02:29 | April 8, 2024
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Calgary police investigating after man found dead in Prestwick
02:21 | April 8, 2024
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City of Calgary under snowfall warning as spring storm descends on southern Alberta
02:14 | April 4, 2024
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Smart, energetic Sterling is looking for a forever home
02:32 | April 3, 2024
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WestJet Encore pilots vote for strike action
00:38 | April 3, 2024
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Avalanche kills skier near Lake Louise
00:26 | April 3, 2024
-
Calgary crews battle 2-alarm fire in Deer Run
01:07 | April 2, 2024
-
Alberta reallocating mental health and addictions care into 2 organizations
01:25 | April 2, 2024
-
What the Bank of Canada’s rate hike means for consumers and businesses
04:28 | June 7, 2023
-
Pro-Palestinian encampment sets up at University of Calgary
02:04 | May 9, 2024
-
Calgary Stampede announces midway foods for 2024
01:09 | May 8, 2024
-
Alberta’s Bill 20 includes bold steps to address housing crisis
02:13 | May 8, 2024
-
Pro wrestling great Chris Jericho set to return to Calgary during the Stampede
05:25 | May 7, 2024
-
Lovable Puppers: Meet the adorable dog ready for adoption
02:28 | May 6, 2024
-
Owner of dogs that fatally attacked Calgary woman sentenced
02:01 | May 6, 2024
-
Meet Jasper, the gentle giant looking for his forever home
02:44 | May 3, 2024
-
Cochrane Humane Society spotlights Malone: A treat-loving, people-pleasing pup
02:01 | May 1, 2024
-
One person sent to hospital after fire at Calgary heritage building
02:26 | May 1, 2024
-
Heavy snow causes tree damage, power outages in Calgary
02:04 | April 30, 2024
-
Meet Angel: The active and adventurous 7-year-old dog ready for a loving home
02:28 | April 29, 2024
-
2024 Calgary Expo kicks off with Parade of Wonders
02:35 | April 26, 2024
-
Cochrane Humane Society introduces us to Queenie, the ultimate cuddle buddy
02:55 | April 24, 2024
-
Stage West’s ‘Beautiful’ tells story of singer-songwriter Carole King
04:43 | April 24, 2024
-
Rescued and Ready: Meet Gene, the feline survivor seeking a loving home
02:34 | April 19, 2024
-
Drought concerns prompt water-use agreement in Alberta
02:55 | April 19, 2024
-
Meet Harvey: The affectionate black dog
02:35 | April 17, 2024
-
Meet Dora: Adorable husky puppy available for adoption
02:54 | April 15, 2024
-
Calgary police investigate after multiple shots fired at Taradale home
00:28 | April 15, 2024
-
Adorable ‘Squish’: A staff and volunteer favourite looking for a home
02:21 | April 12, 2024
-
Calgary fire crews respond to late-night fire that sent man to hospital
02:00 | April 11, 2024
-
5-month-old Bean up for adoption at the Cochrane Humane Society
02:35 | April 10, 2024
-
Fire proves challenging for Calgary crews early Tuesday
00:56 | April 9, 2024
-
Meet Minty Fresh: Adorable feline seeking a forever home
02:29 | April 8, 2024
-
Calgary police investigating after man found dead in Prestwick
02:21 | April 8, 2024
-
City of Calgary under snowfall warning as spring storm descends on southern Alberta
02:14 | April 4, 2024
-
Smart, energetic Sterling is looking for a forever home
02:32 | April 3, 2024
-
WestJet Encore pilots vote for strike action
00:38 | April 3, 2024
-
Avalanche kills skier near Lake Louise
00:26 | April 3, 2024
-
Calgary crews battle 2-alarm fire in Deer Run
01:07 | April 2, 2024
-
Alberta reallocating mental health and addictions care into 2 organizations
01:25 | April 2, 2024
What the Bank of Canada’s rate hike means for consumers and businesses
Description
June 7, 2023
Speaking to Global Calgary’s Joel Senick, Mark Parsons, chief economist at ATB Financial, expressed some surprise at the Bank of Canada's rate hike, citing stronger-than-expected economic growth and rising consumer prices as the driving factors. While the bank remains committed to price stability, its future decisions will depend on data regarding the impact of rate increases on the economy, particularly in areas like Alberta.
-
What the Bank of Canada’s rate hike means for consumers and businesses04:28 | June 7, 2023
-
Pro-Palestinian encampment sets up at University of Calgary02:04 | May 9, 2024
-
Calgary Stampede announces midway foods for 202401:09 | May 8, 2024
-
Alberta’s Bill 20 includes bold steps to address housing crisis02:13 | May 8, 2024
-
Pro wrestling great Chris Jericho set to return to Calgary during the Stampede05:25 | May 7, 2024
-
Lovable Puppers: Meet the adorable dog ready for adoption02:28 | May 6, 2024
-
Owner of dogs that fatally attacked Calgary woman sentenced02:01 | May 6, 2024
-
Meet Jasper, the gentle giant looking for his forever home02:44 | May 3, 2024
-
Cochrane Humane Society spotlights Malone: A treat-loving, people-pleasing pup02:01 | May 1, 2024
-
One person sent to hospital after fire at Calgary heritage building02:26 | May 1, 2024
-
Heavy snow causes tree damage, power outages in Calgary02:04 | April 30, 2024
-
Meet Angel: The active and adventurous 7-year-old dog ready for a loving home02:28 | April 29, 2024
-
2024 Calgary Expo kicks off with Parade of Wonders02:35 | April 26, 2024
-
Cochrane Humane Society introduces us to Queenie, the ultimate cuddle buddy02:55 | April 24, 2024
-
Stage West’s ‘Beautiful’ tells story of singer-songwriter Carole King04:43 | April 24, 2024
-
Rescued and Ready: Meet Gene, the feline survivor seeking a loving home02:34 | April 19, 2024
-
Drought concerns prompt water-use agreement in Alberta02:55 | April 19, 2024
-
Meet Harvey: The affectionate black dog02:35 | April 17, 2024
-
Meet Dora: Adorable husky puppy available for adoption02:54 | April 15, 2024
-
Calgary police investigate after multiple shots fired at Taradale home00:28 | April 15, 2024
-
Adorable ‘Squish’: A staff and volunteer favourite looking for a home02:21 | April 12, 2024
-
Calgary fire crews respond to late-night fire that sent man to hospital02:00 | April 11, 2024
-
5-month-old Bean up for adoption at the Cochrane Humane Society02:35 | April 10, 2024
-
Fire proves challenging for Calgary crews early Tuesday00:56 | April 9, 2024
-
Meet Minty Fresh: Adorable feline seeking a forever home02:29 | April 8, 2024
-
Calgary police investigating after man found dead in Prestwick02:21 | April 8, 2024
-
City of Calgary under snowfall warning as spring storm descends on southern Alberta02:14 | April 4, 2024
-
Smart, energetic Sterling is looking for a forever home02:32 | April 3, 2024
-
WestJet Encore pilots vote for strike action00:38 | April 3, 2024
-
Avalanche kills skier near Lake Louise00:26 | April 3, 2024
-
Calgary crews battle 2-alarm fire in Deer Run01:07 | April 2, 2024
-
Alberta reallocating mental health and addictions care into 2 organizations01:25 | April 2, 2024
-
What the Bank of Canada’s rate hike means for consumers and businesses04:28 | June 7, 2023
-
Pro-Palestinian encampment sets up at University of Calgary02:04 | May 9, 2024
-
Calgary Stampede announces midway foods for 202401:09 | May 8, 2024
-
Alberta’s Bill 20 includes bold steps to address housing crisis02:13 | May 8, 2024
-
Pro wrestling great Chris Jericho set to return to Calgary during the Stampede05:25 | May 7, 2024
-
Lovable Puppers: Meet the adorable dog ready for adoption02:28 | May 6, 2024
-
Owner of dogs that fatally attacked Calgary woman sentenced02:01 | May 6, 2024
-
Meet Jasper, the gentle giant looking for his forever home02:44 | May 3, 2024
-
Cochrane Humane Society spotlights Malone: A treat-loving, people-pleasing pup02:01 | May 1, 2024
-
One person sent to hospital after fire at Calgary heritage building02:26 | May 1, 2024
-
Heavy snow causes tree damage, power outages in Calgary02:04 | April 30, 2024
-
Meet Angel: The active and adventurous 7-year-old dog ready for a loving home02:28 | April 29, 2024
-
2024 Calgary Expo kicks off with Parade of Wonders02:35 | April 26, 2024
-
Cochrane Humane Society introduces us to Queenie, the ultimate cuddle buddy02:55 | April 24, 2024
-
Stage West’s ‘Beautiful’ tells story of singer-songwriter Carole King04:43 | April 24, 2024
-
Rescued and Ready: Meet Gene, the feline survivor seeking a loving home02:34 | April 19, 2024
-
Drought concerns prompt water-use agreement in Alberta02:55 | April 19, 2024
-
Meet Harvey: The affectionate black dog02:35 | April 17, 2024
-
Meet Dora: Adorable husky puppy available for adoption02:54 | April 15, 2024
-
Calgary police investigate after multiple shots fired at Taradale home00:28 | April 15, 2024
-
Adorable ‘Squish’: A staff and volunteer favourite looking for a home02:21 | April 12, 2024
-
Calgary fire crews respond to late-night fire that sent man to hospital02:00 | April 11, 2024
-
5-month-old Bean up for adoption at the Cochrane Humane Society02:35 | April 10, 2024
-
Fire proves challenging for Calgary crews early Tuesday00:56 | April 9, 2024
-
Meet Minty Fresh: Adorable feline seeking a forever home02:29 | April 8, 2024
-
Calgary police investigating after man found dead in Prestwick02:21 | April 8, 2024
-
City of Calgary under snowfall warning as spring storm descends on southern Alberta02:14 | April 4, 2024
-
Smart, energetic Sterling is looking for a forever home02:32 | April 3, 2024
-
WestJet Encore pilots vote for strike action00:38 | April 3, 2024
-
Avalanche kills skier near Lake Louise00:26 | April 3, 2024
-
Calgary crews battle 2-alarm fire in Deer Run01:07 | April 2, 2024
-
Alberta reallocating mental health and addictions care into 2 organizations01:25 | April 2, 2024
What the Bank of Canada’s rate hike means for consumers and businesses
Description
June 7, 2023
Speaking to Global Calgary’s Joel Senick, Mark Parsons, chief economist at ATB Financial, expressed some surprise at the Bank of Canada's rate hike, citing stronger-than-expected economic growth and rising consumer prices as the driving factors. While the bank remains committed to price stability, its future decisions will depend on data regarding the impact of rate increases on the economy, particularly in areas like Alberta.
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