Bank of Canada expected to jack up interest rates as inflation persists
“Canadian inflation is running more than three times faster than target,” Desjardins’ head of macro strategy, Royce Mendes, wrote in a note to clients Monday.
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RBC
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
UPDATED: Inflation sets fresh three-decade high at 6.8% in April with little sign of cooling
The cost of nearly everything at the grocery store continued to climb higher to push the annual inflation rate up in April.
Economy gains momentum with 1.1% GDP growth in February, best month since March 2021
The Canadian economy surged ahead in February as pandemic-related restrictions eased, fuelling expectations by economists that the Bank of Canada will opt for another oversized
Air Canada bookings come roaring back, but business travel, fuel costs pose hurdles
Air Canada more than tripled its revenues last quarter as demand for travel revved back up, though a net loss of nearly $1 billion signalled
Businesses brace for high inflation to stick around over next two years: BoC survey
Bank’s latest Business Outlook Survey found that more than two-thirds of businesses anticipate inflation will be above three per cent, on average, over the next
Canadians cutting back spending on groceries, restaurants as inflation rises: poll
A new poll suggests Canadians are looking for ways to cut back on spending as their concerns about the cost of living rise alongside headline
Business prof predicts surge in bankruptcies as soaring inflation spurs rate hikes
A prominent Ottawa business expert is predicting a wave of bankruptcies in the coming months as Canada’s central bank raises its benchmark interest rate in
Women are part of the answer to the shortage in skilled trades, experts agree
You could say RBC regional president Marjolaine Hudon really hammered the message home this morning when she delivered a persuasive speech on why more women
RBC dethrones Shopify as Canada’s most valuable publicly traded company
Ottawa-based e-commerce darling’s reign ends amid recent stock slide.
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