MNP: Vulnerable sectors showing steadily declining purchasing power
With Canada well on its third quarter of economic disruption, the segments that suffered the greatest hits to their purchasing power were lower-income earners, young Canadians, women, and renters, according to…
Negative rates down the line are possible, says BoC’s Macklem
Bank of Canada Governor Tiff Macklem said in a video conference last week that further rate cuts remain an option in providing economic stimulus. At present, the central bank’s policy rate is…
Canada real estate: TD Economics report boosts forecast of seven percent drop in home prices in 2021
On September 28, Bloomberg News reported that Canadian households are increasingly optimistic about the real-estate market. Citing a survey by Nanos Research for the news agency, the report stated that around 44…