The Canadian Press

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 go either way, it's 50-50," says RBC chief executive Dave McKay.

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...

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 per cent from the prior year.

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 Carlsbad Springs resident.

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 onset.

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 about them or how it is used.

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 from the previous highs and frenzied pace.

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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