This is why the Federal Reserve raises interest rates, and what it means for your bottom line. RELATED: How do Federal Reserve interest rate changes […]
Continue readingTag: interest rate hike
Economist’s warning | Canada’s housing market “really overvalued”
Economist Moshe Lander discusses plunging home sales in Canada and the growing risk that tens of thousands could default on mortgages. Subscribe to CTV News […]
Continue readingCanadians should brace for a ‘turbulent economic time’: Associate Finance Minister Boissonnault
Associate Finance Minister Boissonnault defends the federal government's decision to provide 'targeted' financial supports for Canadians. Subscribe to CTV News to watch more videos: Connect […]
Continue readingWill the latest Bank of Canada interest rate hike level out Canada’s battle with inflation in 2023?
Will the Bank of Canada's interest rate hike of 50 basis points help level out inflation? BNN Bloomberg's Kumutha Ramanathan explains. Subscribe to CTV News […]
Continue readingRecession fears? Canadians cutting spending, worried about debt levels | Financial planner reacts
Financial planner John Klotz breaks down a new survey showing that Canadians are struggling to keep up with the cost of living. Subscribe to CTV […]
Continue readingCanadian home prices will drop more than expected: Desjardins economists
A team of economists at Desjardins have adjusted their outlook on Canada's home prices and now expect prices to plunge even further. Subscribe to CTV […]
Continue readingMulcair: Soaring inflation becoming a ‘wicked problem’ for Justin Trudeau
Former NDP leader Tom Mulcair says that there's 'relatively little' that the federal government can do to slow inflation. Subscribe to CTV News to watch […]
Continue readingRent prices skyrocket in Toronto rise by ‘fastest pace on record’ | Real estate in Canada
Urban Nation says the growth in rent prices in Toronto in the second quarter was the fastest pace on record. Subscribe to CTV News to […]
Continue readingToronto homeowner says he ‘never expected’ mortgage payments to surge
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 […]
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