interest rate hike

10:26AM
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Outlook for interest rates remains uncertain while governments rack up more debt

By 2028, the federal government will add a projected $131.8 billion in debt.


2:31PM
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Bank of Canada must stay aggressive to tame inflation

Ottawa is spending nearly one-third more than it was in 2019 before the pandemic.


9:41AM
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Recession may strike despite Canada’s low unemployment rate

The overall employment rate hasn’t recovered to 2019 pre-COVID levels.


4:02PM
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Canadians relearning hard economic lessons of ’70s and ’80s

Persistent labour shortages are helping drive up costs.


9:47AM
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Bank of Canada rate hike may be too little too late

Ramping up interest rates at this juncture places more of the burden of fighting inflation on consumers.