Weak productivity, business investment contribute to sluggish economic performance
— Read on www.theglobeandmail.com/business/article-canada-economic-output-statistics/
Tag: Canada
Bank of Canada says any rate cuts would probably be gradual | Reuters
By Promit Mukherjee and David Ljunggren
— Read on www.reuters.com/world/americas/bank-canada-says-any-rate-cuts-would-probably-be-gradual-2024-04-24/
Trudeau’s response to Ottawa hate rally too little, too late | National Post
The prime minister is directly responsible for the anarchy on our streets
— Read on nationalpost.com/opinion/trudeaus-response-to-ottawa-hate-rally-too-little-too-late
Mortgage payment shock far from over, warn economists | Financial Post
Mortgage payment shock could stretch into 2027 and drag Canada’s economy into recession, says Oxford Economics. Find out more
— Read on financialpost.com/news/mortgage-payment-shock-far-from-over
OSFI limits banks’ mortgages to highly indebted borrowers | Financial Post
New mortgage rule imposed by Office of the Superintendent of Financial Institutions aims to reduce financial system vulnerability. Read more
— Read on financialpost.com/fp-finance/banking/osfi-limits-banks-mortgages-highly-indebted-borrowers
Rosenberg: The dirty little secret about inflation that rarely gets attention
The Bank of Canada is out-hawking the Fed over inflation it largely created itself
— Read on ca.finance.yahoo.com/news/rosenberg-dirty-little-secret-inflation-175442795.html
Diane Francis: Canada in deep economic trouble | Financial Post
Canada’s economic indicators paint a stark contrast to the Liberal government’s rosy assessment, writes Diane Francis. Read more
— Read on financialpost.com/diane-francis/canada-deep-economic-trouble-diane-francis/wcm/1d45ce2d-dad1-4676-a56f-713ab985bfd9/amp/
Theo Argitis: Why the Bank of Canada is likely to err on the side of overdoing it in the fight against inflation
Indebted Canadians should continue to brace themselves
— Read on ca.finance.yahoo.com/news/theo-argitis-why-bank-canada-112819198.html
Bank of Canada raises its key interest rate to 5%
Bank of Canada raises its key interest rate to 5%
— Read on www.cbc.ca/amp/1.6904330
Bank of Canada hikes another 25 basis points, bringing rate to 4.75%
The increase brings the central bank’s policy rate to the highest level in more than two decades.
— Read on ca.finance.yahoo.com/news/bank-of-canada-hikes-another-25-basis-points-bringing-key-rate-475-140919284.html