Doug Ford Begs Bank of Canada Again To Stop Interest Rate Hikes
Ontario Premier Doug Ford has made a passionate plea to the Bank of Canada, urging them to refrain from another
Read more
Interest Rates
Jerome Powell Keeps Rates Unchanged at 5.5%
As was widely expected, the Federal Reserve decided to maintain the overnight rate at 5.5%. Following the two-day policy meeting,
Read more
Canadian Home Sales Dip in August as Recent Rate Hike Spikes Affordability Concerns
Canadian home sales slumped in August as the Bank of Canada’s recent rate hike heightened affordability concerns. According to data
Read more
Canada’s Employment Levels Continue Trending Upward in August
August 2023 saw an employment boost of 40,000, a 0.2% increase from July’s numbers. This uplift continues a positive trend
Read more
Is Tiff Macklem Throwing in the Towel? BoC Governor Hints at Adjusting 2% Inflation Target
The Bank of Canada and its Governor, Tiff Macklem, have found themselves at a crucial juncture. Amid growing concerns over
Read more
Another Major US Used Car Dealer Shuts Down
Off Lease Only (OLO), a major used car dealership that operated multiple locations in Florida and recently Texas, has made
Read more
Is The Rate Hike Pause The Calm Before The Recession Storm?
As was forecasted by economists, Bank of Canada Governor Tiff Macklem decided to keep the overnight borrowing rate unchanged at
Read more
Bank of Canada Pauses Rate Hikes
As was forecasted by economists, Bank of Canada Governor Tiff Macklem decided to keep the overnight borrowing rate unchanged at
Read more
Americans Grapple with Rising Loan Denials Amid High Interest Rates
Americans are facing increasing challenges in obtaining credit, as revealed in a recent New York Fed survey from July. This
Read more
Doug Ford Becomes Second Premier to Urge Bank of Canada to Stop Rate Hikes
“I urge you to consider the effect higher interest rates are having on everyday people who are simply trying to
Read more