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Breadcrumb Trail Links Economy Areas of the economy most sensitive to rates already seem to be in recession Bank of Canada governor Tiff Macklem hiked rates by 25 basis points at the June 7 meeting. Photo by Sean Kilpatrick/Canadian Press/Bloomberg Article content There are lies. There are damned lies. And then there are statistics. To […]
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THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe now to read the latest news in your city and across Canada. Exclusive articles by Kevin Carmichael, Victoria Wells, Jake Edmiston, Gabriel Friedman and others. Daily content from Financial Times, the world’s leading global business publication. Unlimited online access to read articles from Financial Post, National Post […]
This section is Presented This section was produced by the editorial department. The client was not given the opportunity to put restrictions on the content or review it prior to publication. by HSBC Breadcrumb Trail Links News Economy Strong jobs market and economic growth led central bank to hike rates, minutes reveal The Bank of […]
Breadcrumb Trail Links Finance Economy Banking Legislative tweak will allow Bank to get rid of its first red ink in history Finance Minister Chrystia Freeland has told Bank of Canada governor Tiff Macklem that the government will amend legislation so that the central bank can keep earnings to offset its losses. Photo by REUTERS/Blair Gable […]
Article content Earlier this month a strong jobs report tilted the odds in favour of the central bank hiking its rate by another 25 basis points to 4.5 per cent. Article content RBC expects headline Consumer Price Index growth to slow to 6.4 per cent in December from 6.8 per cent in November. Inflation peaked […]