Economy

Toronto, Vancouver home sales fall in May

More buyers are expected to enter the market as borrowing costs begin to decrease

By Sammy Hudes, The Canadian Press |June 5, 2024

5 min read

Bank of Canada cuts key interest rate for first time in more than four years

Governor says if inflation continues to ease, it is reasonable to expect further cuts

By Nojoud Al Mallees, The Canadian Press |June 5, 2024

4 min read

Global public debt hit a record US$97 trillion in 2023: UN

The value of money owed by governments rose by US$5.6 trillion from 2022, UN Trade and Development says

By Jamey Keaten, The Associated Press |June 4, 2024

2 min read

G20 poised for soft landing: Moody’s

Rate cuts on tap this year, although size and timing remain data driven

By James Langton |June 4, 2024

2 min read