New homeowner Youseff Shehata says he's had to cut down on his expenses after his interest rate payments spiked. Subscribe to CTV News to watch […]
Continue readingTag: inflation
Thinking of buying real estate in Canada? Here’s what you need to know about the latest rate hikes
Financial expert Simeon Papailias discusses what anyone thinking about buying a home needs to know about the latest rate hikes. Subscribe to CTV News to […]
Continue readingFurther rate hikes could provoke recession in Canada, warns economist
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 readingAgressive 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 readingCanada’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 […]
Continue readingMany 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 […]
Continue readingBattleground state voters torn on abortion and inflation issues
Abortion rights and pocketbook issues are on voters' minds in Nevada, but which one matters most. CNN's Kyung Lah reports on how people are weighing […]
Continue reading‘America’s job machine is firing on all cylinders’: Romans on the June jobs report
The US economy added 372,000 jobs in June, a signal that the labor market remains robust despite recession fears. CNN's Christine Romans, Rahel Solomon and […]
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