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: Canadian economy
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 […]
Continue reading‘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 […]
Continue readingCan the government do anything to help Canadians with inflation?
Economist Don Drummond says to bring down inflation, the government would have had to raise taxes or cut spending in previous budgets. Subscribe to CTV […]
Continue readingBank of Canada sounds alarm on economic risk of high household debt amid soaring inflation
With interest rates set to keep rising, the Bank of Canada is sounding the alarm on the risk record high house prices and an increasing […]
Continue readingHalf of Canadians say cost of living a top concern: Nanos
Nik Nanos, founder and chief data scientist of Nanos Research, discusses the rising economic concerns among Canadians. Subscribe to CTV News to watch more videos: […]
Continue readingPattie Lovett-Reid: CRA watching new platforms, side hustles
CTV News Chief Financial Commentator Pattie Lovett-Reid discusses how the CRA is monitoring revenue from platform economies and side gigs. Subscribe to CTV News to […]
Continue readingThe Canadian economy posted its worst showing on record in 2020
The Canadian economy posted its worst showing on record in 2020 as the COVID-19 pandemic swept across the country, shutting down businesses and putting millions […]
Continue reading‘It makes no sense’: New lockdown in Ont. forces ski hills to close
Calabogie Peaks Resort Chief Operating Officer, Jim Hemlin explains how the new lockdown order across Ont. will force the ski hill to close. Subscribe to […]
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