An economist who was the first to predict a June rate hike from the Bank of Canada said she expects another increase next month as sticky inflation remains a concern.
Canada’s economy is poised to enter a recession as soon as the third quarter, and it’s going to be a painful one for many people, according to Manulife Investment Management’s global chief economist.
The Bank of Canada has set its sights on 'corporate pricing behaviour' in its battle with inflation – a shift economists say is noteworthy, though it’s not yet clear how the bank is viewing the role of corporate profits in today’s elevated consumer prices.
Parents are finding it tougher than ever to save for their children's post-secondary education as the rising cost of living ramps up financial pressures.
We're continuing to track the reverberations from the Bank of Canada's decision to hop off the sidelines with yesterday's quarter-point interest rate increase.
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