I am a journalist at BNN Bloomberg looking to speak with variable rate mortgage owners for a news story about the impact of higher interest rates ahead of the next Bank of Canada rate decision. Email me at [email protected]
I am a journalist at BNN Bloomberg looking to speak with variable rate mortgage owners for a news story about the impact of higher interest rates ahead of the next Bank of Canada rate decision. Email me at [email protected]
Following the collapse of Silicon Valley Bank (SVB), experts say the prospect of a bank failure in Canada remains low and highlight the process by which depositors could get their money back. https://t.co/1poCQmBOzT
Royal Bank of Canada Chief Executive Officer Dave McKay said a modest recession is likely to occur in Canada, however that could be dampened by strong consumer demand and high levels of liquidity in the market. https://t.co/6AjGDVPd1j
Statistics Canada is set to release the latest read on Canadian inflation Wednesday and according to economists tracked by Bloomberg, consumer prices are expected to remained elevated at 6.9 per cent in October – buoyed by higher fuel costs. https://t.co/MyaQvGDfa3
Canadian mortgage owners are feeling the squeeze of increased borrowing costs, but despite challenges, few are looking to sell, according to several mortgage brokers. https://t.co/wLUhYmGpB8
Canadians heading south for the winter will be met with a slew of rising costs, coupled with inflation and competitive real estate prices. https://t.co/0QbGawNRnv
Economists are expecting the Bank of Canada to continue its aggressive rate hike campaign after inflation data came in higher than expected. https://t.co/YCb5kqL2iG
Amid volatility in oil markets, Eric Nuttall, a partner and senior portfolio manager at Ninepoint Partners, said his fund is not holding any cash and is fully invested. https://t.co/idVueMU2kP
Suncor Energy announced a near-full exit from its Canadian wind and solar business Wednesday as Canadian Utilities stepped up to buy the assets for $730 million. https://t.co/Lds5iepTcx
The Canadian dollar’s drop against the greenback is partially due to close ties with resource and commodity prices, according to one foreign exchange strategist, causing it to be sensitive to swings in global growth and equity market trends. https://t.co/pFlQMH1k6l
The world’s largest-ever four-day workweek trial is nearing its midpoint and the organizers behind it are sharing some insight into how it is going.
https://t.co/2OX2EBr6WO
Hudson’s Bay's revival of Zellers could be an effort to fill underperforming retail space, Mark Cohen, the former chief executive officer of Sears Canada and current professor at Columbia University, said in an interview Wednesday afternoon. https://t.co/JTR0o5uTbk
WestJet Airlines will resume service to 17 sun and leisure routes that had been suspended as a result of the COVID-19 pandemic. https://t.co/3j062IVodQ