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BREAKING: The Bank of Canada has lowered its interest rate by 50-basis points to 3.25 per cent. cbc.ca/news/business/bank-of…
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Trump tariffs would plunge Canada into a recession. Is that threat enough to force provinces and territories to remove internal trade barriers?
Fixing internal trade would boost GDP by even more than the loss expected due to tariffs.
cbc.ca/news/business/trade-t…
Come back and tell us all about it! we miss you already
Just now: @BankofCanada cuts its key interest rate for the first time since sending rates crashing in the COVID emergency of 2020.
Just a tiny 25 basis point cut...
but the first cut is the deepest for psychological impact
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Retailers and other businesses are now allowed to charge customers who pay with a credit card a fee of up to 2.4% for transactions. cbc.ca/1.6606997
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Air Canada ordered to pay passengers $2,000 for flight cancellation caused by crew shortage | CBC News cbc.ca/news/business/air-can… #Travel #cdnpoli
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Canadians who pay their cellphone bill via credit card could soon see an extra fee every month, if Canada's telecom regulator approves the proposal. cbc.ca/1.6548325
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Oil price falls to lowest level in six months — less than $88 a barrel | CBC News cbc.ca/news/business/oil-pri…
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BREAKING NEWS: Canada's inflation rate rose to 8.1% last month, Statistics Canada says, the fastest annual increase in the cost of living in decades. CBC.CA/1.6526060
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“We all feel the pinch of inflation. It seems counterintuitive and actually kind of mean to … make that worse temporarily.” @Pete_Evans explains why the Bank of Canada is raising interest rates to rein in inflation: cbc.ca/1.6524546
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"As of now, we don't have an ETA of when the problem will be fixed," says Rogers Senior Vice President Kye Prigg of the company's nationwide network outage. "I wouldn't like to say whether it's going to be fully online today or not."
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Real estate slowdown continues in Canada’s most expensive markets youtu.be/6PAht7ZDCHk
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Inflation in Canada soars again…
- CPI up 7.7% in May y/y
- largest yearly increase since Jan 1983
- gas prices +48% y/y
- cooking oil +30%
- vegetables +10%
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As provinces move to drop most COVID-19 restrictions and mask mandates, many employees are returning to the workplace — whether they like it or not. cbc.ca/1.6496342
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Canada's inflation rate rose at its fastest pace in almost 40 years in the year up to May, as the price of just about everything continues to go up fast. cbc.ca/1.6497189
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The rising popularity of sustainable investing — and the controversies surrounding it cbc.ca/news/business/esg-inv…
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Even after Wednesday's Fed hike, experts say interest rates remain far too low cbc.ca/news/business/fed-neu…
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When stocks, houses and crypto fall, where does all that money go? cbc.ca/news/business/markets…
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More people are heading back to the workplace, but that doesn't mean they all like it cbc.ca/news/business/canada-…
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Crypto market crashes anew as trading platform Celsius freezes up cbc.ca/news/business/markets…
