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 readingTag: interest rate hike
Further 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 […]
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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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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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