Bank of Canada signals rate hike pause: Here are the week’s top 7 stories

bank-of-canada-signals-rate-hike-pause:-here-are-the-week’s-top-7-stories

Watch Financial Post reporter Stephanie Hughes count down the stories that made headlines

Tiff Macklem raised interest rates this week; CN Rail warned 2023 might prove rocky for earnings; Chrystia Freeland promised the next budget will be fiscally prudent. Photo by Wire services Stephanie Hughes, finance reporter for the Financial Post, walks you through the top seven stories of the week. To read more, click on the links below.

Advertisement 2 This advertisement has not loaded yet, but your article continues below.

7. CN Rail posts $1.4B in fourth quarter, but outlook is less rosy

Financial Post Top Stories Sign up to receive the daily top stories from the Financial Post, a division of Postmedia Network Inc.

By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails or any newsletter. Postmedia Network Inc. | 365 Bloor Street East, Toronto, Ontario, M4W 3L4 | 416-383-2300

6. Metro profits climb 11 per cent in first quarter, hikes dividend

5. Globalive seeks to return to wirelss market with bid for spectrum

Correction: Metro hiked its quarterly dividend by 10 per cent to 30.25 cents per share, not dollars.

4. Canada must be ‘fiscally prudent’ amid global uncertainty: Freeland

3. Ottawa’s fiscal picture is unsustainable over the next decade: Dodge

2. Court rejects competition bureau’s bid to block Rogers-Shaw deal

1. Bank of Canada delivers 25 basis-point hike, signals pause

• Email: shughes@postmedia.com | Twitter: StephHughes95

Recommended from Editorial Bank of Canada comments offer light at the end of the tunnel for real estate, mortgage markets, experts say Mortgage renewals put homeowners in ‘precarious position’ Housing affordability woes have spilled over to rental market, CMHC report finds


Leave a comment

Your email address will not be published. Required fields are marked *