Resilient economy may muddle inflation fight, recession still expected: economists
Canadian households and the overall economy have proven surprisingly resilient in the face of rising interest rates, said senior economists from the big banks.
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‘Leader of leaders’: Community housing exec keeps it real
Giguère is not ashamed of his modest roots and, in fact, believes they’ve helped to shape who he is. “Being humble is a key element
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.
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
Bank of Canada governor Tiff Macklem says he won’t ‘rule anything out’ on rates
He wouldn’t rule out pushing rates beyond 50 basis points all in one sitting, after moving to lift rates by that amount to one per
After two years of uncertainty, Liberals ready budget under shifting circumstances
After two years of pandemic-induced uncertainty, the federal Liberals are readying to deliver an updated spending blueprint in a 2022 budget that, by all accounts, has been
Annual inflation rate hits 30-year high, raising pressure on Bank of Canada
Statistics Canada reported Wednesday that the annual pace of inflation climbed in December to 4.8 per cent, a pace that hasn’t been seen since September
Femtech firm Treehouse Medical making its mark in maternal health-care space
Founder Julia Slanina recently took home $30,000 in cash and in-kind services after winning Canada’s Total Mom Pitch, a competition sponsored by Scotiabank.
Scotiabank, BMO hit ‘high water mark’ as they set aside more cash for bad loans
Results offer first peek at how the last few months have transformed bank budgets, which have been under pressure since the pandemic began and financial
Scotiabank donates $750K to University of Ottawa AI and society initiative
Scotiabank announced a donation Wednesday to fund new research at the University of Ottawa into artificial intelligence’s impact on society
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