Stay updated with breaking news from Maher Yag. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Finance Minister Chrystia Freeland warned Canadians on October 19, saying the next few months will be hard as increasing interest rates erode a once-thriving economy and force people into unemployment...
Major indexes of the stock market in Canada, like the S&P/TSX Composite, have so far managed to outperform other global indices even though recession fears hammer economies around the world.
In mid-June, the central bank in the United States raised the benchmark interest rate by 75 basis points, the biggest rate hike since 1994.