Economists predict inflation climbed even higher in June amid ‘reopening effect’
Economists are predicting an even higher reading of inflation for June as energy and food prices crept higher and the economy reopened further.
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The Canadian Press
June home sales down 24% from last year, 6% since May: CREA
The association revealed Friday that June home sales amounted to 48,176, a 24 per cent drop from 63,280 during the same month last year.
Trudeau announces deal for new electric vehicle battery component plant in Kingston
Ottawa and Ontario have reached a deal with a global materials technology and recycling group to build a new battery component facility in the province’s
‘Tough’ 6-12 months ahead for Canadians amid inflation, rate hikes: expert
As Canadians face a double whammy of skyrocketing inflation and the largest interest rate hike seen in 24 years, one expert is warning that prices
Bank of Canada targets inflation expectations with full percentage point rate hike
The Bank of Canada signaled a more aggressive approach to bringing skyrocketing inflation back under control as it announced the largest single rate increase since
What Canada’s telcos need to consider when coming up with crisis plan
One former telecom executive says there is the risk of creating a situation where a competitor’s network becomes overwhelmed and service is ultimately degraded.
Conference Board cuts economic growth forecast for 2022 and 2023
In its new two-year outlook, the think tank says it is not expecting an economic contraction in Canada, but the risks are creeping up.
Small businesses fear Rogers won’t fully compensate them for thousands in losses
A Friday outage from Rogers Communications Inc. resulted in some small businesses losing thousands of dollars, which they fear the telecommunications giant won’t fully
Small business group calls for relief at pumps amid high fuel costs
The Canadian Federation of Independent Business says record gas prices, supply chain snarls and labour shortages have pushed the cost of doing business through the
Economists expect Bank of Canada to hike key interest rate by 0.75% on Wednesday
The Bank of Canada raised its key interest rate by half a percentage point on June 1, bringing it to 1.5 per cent. Since then,
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