Economy

Interest rates not to blame for housing crisis, Macklem says

Bank of Canada governor addressed MPs on the finance committee on Thursday

By Nojoud Al Mallees, The Canadian Press |February 1, 2024

2 min read

Grads entering weak markets face long-term effects, lower earnings

Impact on salary lingers for a decade, TD Economics report says

By The Canadian Press |February 1, 2024

2 min read

Federal Reserve leaves interest rates unchanged for now

Central bank cautioned that it “does not expect it will be appropriate” to cut rates until it has greater confidence inflation is moving sustainably to 2% target

By Christopher Rugaber, The Associated Press |January 31, 2024

4 min read

Rent prices soared in 2023, CMHC reports

National vacancy rate is lowest on record since the Canada Mortgage and Housing Corp. began tracking that data in 1988

By Sammy Hudes, The Canadian Press |January 31, 2024

3 min read