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Stay updated with breaking news from Carrie Freestone. Real-time updates on events, politics, business and more.
August 14, 2023
Interest in variable-rate mortgages is rising as more Canadians bet that Bank of Canada interest rates have peaked. Read more
July 28, 2023
Higher interest rates are supposed to rein in consumer spending, but households arenโt cutting back the way central bankers wanted
July 22, 2023
Consumer spending is expected to cool in the third quarter โ something the Bank of Canada wants โ as interest rate hikes hit Canadians. Read on.
July 20, 2023
Consumer spending is expected to cool in the third quarter as interest rate hikes continue to work their way through the economy, experts said.
July 20, 2023
Consumer spending is expected to cool in the third quarter as interest rate hikes continue to work their way through the economy, experts said.
July 20, 2023
Consumer spending is expected to cool in the third quarter as interest rate hikes continue to work their way through the economy, experts said.
July 20, 2023
Population growth has supported strong spending and economic advancement, despite Canadians cutting back on discretionary purchases
July 20, 2023
Consumer spending is expected to cool in the third quarter as interest rate hikes continue to work their way through the economy, experts said.
July 20, 2023
Consumer spending is expected to cool in the third quarter as interest rate hikes continue to work their way through the economy, experts said.
July 14, 2023
The economy is still powering ahead despite the galloping increase in borrowing costs