Economy

When fear spikes, Canadians still turn to physical cash

Cash persists even with digital dollars on the horizon, RBC says

May 9, 2022

2 min read

U.S. added 428,000 jobs in April despite surging inflation

As the Fed's rate hikes take effect, they will make it increasingly expensive to spend and hire

By Paul Wiseman, The Associated Press |May 6, 2022

3 min read

Fewer home bids easing competition for some, but prices still high: brokers

Some buyers are feeling nervous to wade into the market in case conditions quickly change

By Tara Deschamps, The Canadian Press |May 6, 2022

4 min read

April jobless rate drops to another new low as economy adds 15K jobs: StatCan

Latest data will do nothing to dissuade BoC from tightening path, BMO's Porter says

By Craig Wong, The Canadian Press |May 6, 2022

3 min read