Desjardins' Jimmy Jean explains what's behind the Bank of Canada's aggressive rate hike and if it's going to help reduce inflation. Subscribe to CTV News […]
Continue readingTag: canada inflation
Agressive rate hikes needed to restore ‘price stability’ to Canadian economy: Bank of Canada
Bank of Canada Gov. Tiff Macklem says the 1 per cent rate hike reflects 'very unusual circumstances' but needed to be done to restore price […]
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‘We’re living in unprecedented times’: Economist reacts to Bank of Canada’s rate hike
TD Bank senior economist James Marple says the Bank of Canada's aggressive rate hikes are a recognition that they're 'behind' on inflation. Subscribe to CTV […]
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Canada’s housing market: CMHC expects recession by end of 2022
BNN Bloomberg's David George-Cosh discusses a new warning from CMHC which expects a recession by the end of 2022. Subscribe to CTV News to watch […]
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Many Canadian are already in a ‘personal’ recession, warns financial expert
Personal finance author Douglas Hoyes says that the savings many Canadians built up during COVID-19 lockdowns have mostly been spent. Subscribe to CTV News to […]
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75-year-old man loses life saving in syndicated mortgage scheme
CTV's Tyler Fleming speaks to 75-year-old Barry Stevens who invested with a firm in which the founders were later charged with fraud. Subscribe to CTV […]
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Real estate agent: Many people ‘desperate to sell right now’
As concerns grow that Canada's red-hot real estate market may be starting to cool, one real estate agent in Toronto says that some homeowners in […]
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RBC economist explains why we’re headed into a recession
'Starting point for the economy': RBC economist Nathan Janzen discusses factors behind the recession prediction. Subscribe to CTV News to watch more videos: Connect with […]
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Recession coming? Study finds rapid rate hikes could trigger downturn in Canada
BNN Bloomberg's Kumutha Ramanathan discusses a new study showing that rapid interest rate hikes will likely cause a recession. Subscribe to CTV News to watch […]
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