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Showing posts with the label canadainflation

Is a Rate Increase on the Horizon as Canadian Real Estate, Inflation, and Heat Resurface?

#canadarealestate #canadainflation #bankofcanada Canada’s real estate market, and its inflation rate, are heating back up – putting increased pressure on the Bank of Canada to raise interest rates at its policy announcement in June. Links: Home Prices Rebound in Canada as Spring Market Picks Up Speed: Canadian Real Estate Prices Rip Higher, Rates May Not Be High Enough: BMO: Inflation climbs to 4.4% in April, beating expectations: Housing upturn could delay a shift by Bank of Canada to cut rates. What to know: Bank of Canada holds key rate steady, first major central bank to pause hikes: National Statistics: Demand continues to outpace supply as Canadian home sales jump in April: Statistics Canada says the annual pace of inflation rose to 4.4 per cent in April: Cooling inflation ‘might have been a false dawn’: How economists and interest rate speculators are reacting to surprisingly hot CPI data: Canada: Annual CPI inflation unexpecte

Yves Giroux, Parliamentary Budget Officer, asks if Canada will face a recession in 2023.

Parliamentary budget officer Yves Giroux, The Globe and Mail’s Robert Fife and The Star’s Stephanie Levitz discuss the economy. Subscribe to CTV News to watch more videos: Connect with CTV News: For the latest news visit: For a full video offering visit the CTV News Network: CTV News on Facebook: CTV News on TikTok: CTV News on Twitter: CTV News on Instagram: CTV News on Reddit: --- CTV News is Canada's most-watched news organization both locally and nationally, and has a network of national, international, and local news operations.... ( read more ) BREAKING: Recession News LEARN MORE ABOUT: Bank Failures REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing The COVID-19 pandemic has had a profound impact on economies worldwide, and Canada is no exception. While the country seemed initially to weather the storm with limited impact, concerns are mounting as to whether Canada will see a recession in

Anticipated Timing of a Recession in Canada

Financial expects are warning Canada will see a recession in 2023, but Desjardins chief economist Jimmy Jean says it's expected to be mild. Subscribe to CTV News to watch more videos: Connect with CTV News: For the latest news visit: For a full video offering visit the CTV News Network: CTV News on Facebook: CTV News on TikTok: CTV News on Twitter: CTV News on Instagram: CTV News on Reddit: --- CTV News is Canada's most-watched news organization both locally and nationally, and has a network of national, international, and local news operations.... ( read more ) BREAKING: Recession News LEARN MORE ABOUT: Bank Failures REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing Canada has been enjoying a steady economic growth in the past few years. However, there have been talks of a possible recession in the near future. A recession is defined as a period of economic decline where there is a signifi

Trudeau faces questions on cost of living, McKinsey contracts as MPs return to Parliament | FULL

As Parliament returns in Ottawa, Canadian Prime Minister Justin Trudeau attended the first question period of the year, where he was pressed on his plan to tackle the cost of living, federal health spending, crime, and controversial contracts. Conservative Leader Pierre Poilievre kicked off the session by questioning Trudeau about the contracts awarded to consulting firm McKinsey under the Liberals, which has been assessed at $101.4 million, according to a statement from Public Services and Procurement Canada. In addition, citing the recent spike in violence on the TTC, Conservative MP Melissa Lantsman called on the public minister of safety and the Canadian government to reform its "weak" bail system that leaves "repeat violent offenders out on our streets." Also, NDP leader Jagmeet Singh called out Trudeau for praising Ontario Premier Doug Ford's plan to bring in more private health care as "innovative" when he supposedly criticized the