Banks sound notes of caution as outlook worsens, even as latest results show growth
“…Markets are struggling to predict how we land the economy, do we land it with a slight recession? And our message today is, it could
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The Canadian Press
Worry about stagflation, a flashback to ’70s, begins to grow in the U.S.
Stagflation. It was the dreaded “S word” of the 1970s. For Americans of a certain age, it conjures memories of painfully long lines at gas
Job vacancies hit record high of more than 1 million in March: StatCan
StatsCan said employers were seeking to fill more than one million positions at the beginning of March, up 22.6 per cent from February and 60.5
Insurance claimants face long wait times after deadly storm hits Ontario and Quebec
“My major cause for concern right now is establishing what insurance will and will not cover, and how expeditiously they will do so,” said one
Interest in mortgages from alternative lenders up as rates rise: Brokers
Canadian homebuyers are increasingly considering credit unions and private lenders to secure mortgages as rates rise, brokers say.
Consumer sentiment in Canada posts biggest drop since pandemic onset amid inflation
A new survey by the Conference Board of Canada indicates consumer confidence decreased 11.7 points in May – the largest monthly drop since the pandemic’s
Canadians in the dark about how their data is collected and used, report finds
A new report says digital technology has become so widespread at such a rapid pace that Canadians have little idea what information is being collected
Experts see parallels between 1970s inflation crisis and today
Bank of Montreal chief economist Doug Porter said it’s highly unlikely Canadians are in for a double-digit, ’80s-style interest rate shock any time soon.
Worry, buyer’s remorse high as real estate market slowdown materializes
Realtors and lawyers say they have noticed buyers looking at what options they have to get out of a purchase because conditions have shifted dramatically
Canada’s largest federal public union declares impasse in negotiations with Ottawa
The Public Service Alliance of Canada says the federal government has failed to provide a wage offer that protects workers from surging inflation.
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