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 readingTag: Recession
GTA home sales down 47 per cent from last year
Home prices are falling in the grater Toronto area. CTV's Akshay Tandon reports. Subscribe to CTV News to watch more videos: Connect with CTV News: […]
Continue readingU.K. headed for recession: Bank of England raising interest rates
CTV’s Paul Workman says the rising interest rates will be 'grave' and 'bleak' and the next year will cause suffering for people in the U.K. […]
Continue readingWhy the Fed’s pace in raising interest rates makes this is a dangerous time for the economy
The US is experiencing its worst inflation in 40 years and now the Federal Reserve announced another huge interest rate hike of three-quarters of a […]
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 readingCould efforts to lower inflation trigger a recession in Canada? An economist weighs in
Centre for Policy Alternatives Senior Economist Sheila Block says increased interest rates could trigger a recession in the next six to eight months. Subscribe 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 […]
Continue readingThinking 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 reading