Economy

CMHC deputy chief economist predicts 15% housing price drop by Q2 2023

Housing affordability will not improve due to rising interest rates

By Tara Deschamps, The Canadian Press |October 13, 2022

2 min read

Budget officer projects considerably slower economy, declining federal deficit 

BoC to hike rate to 4%, 22-23 federal deficit to drop below $26 billion: PBO

By Nojoud Al Mallees, The Canadian Press |October 13, 2022

2 min read

U.S. inflation pressures further intensified in September

Prices up 6.6% excluding food, energy; 8.2% overall

By Christopher Rugaber, The Associated Press |October 13, 2022

4 min read

Recession could arrive as early as Q1, economists say

Consumers and sectors are expected to be disproportionately affected

By Staff, with files from The Canadian Press |October 12, 2022

2 min read