US Consumer Prices Rise 3% In June
After rising 4% year-over-year in May, US inflation continued its descent last month, increasing 0.2% to an annualized 3%— slightly
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Interest Rates
Bank of Canada Expected to Raise Rates Again in a Bid to Tackle Inflation
The Bank of Canada is set to increase interest rates this week, indicating its commitment to addressing inflation amid a
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Inflation and Interest Rates Widen Canada’s Wealth Gap, Younger Households Most Affected
Canada is grappling with growing wealth disparity, fueled by rising inflation, soaring interest rates, and a drop in real estate
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US Unemployment Rate Dips to 3.6% in June
Latest data from the Bureau of Labour Statistics shows that job creation in the US is still strong, despite the
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Canada’s Economy Unexpectedly Adds 60K Jobs in June
Canada’s economy added about 60,000 new jobs in June, substantially more than the 17,300 drop in May, and well above
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Canada’s Banking Regulator Raises Capital Requirements Amid Growing Financial Risks
In a move indicating apprehension about mounting risks within the financial system, Canada’s banking regulator— the Office of the Superintendent
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Inheritance and Gifts: A Necessary Bridge for Canada’s First-Time Homebuyers
According to a new survey by Royal LePage, over a third of first-time homebuyers in Canada received a lump sum
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New Home Prices Slump 0.6% as High Interest Rates Bite
The price of a new home in Canada climbed upwards in May thanks to higher building material costs, but the
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Household Credit Liabilities Persist Amid Slower Mortgage Growth and Rising Credit Card Debt
The Canadian consumer is becoming increasingly more indebted, as high inflation and interest rates erode away at pocketbooks across the
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Jerome Powell Pauses Rate Hike Cycle
As was widely forecast by markets, Fed Chair Jerome Powell finally paused the central bank’s aggressive rate hiking cycle, leaving
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