Bank of Canada comments offer light at the end of the tunnel for real estate, mortgage markets, experts say

Central bank signalled it would put the rate hiking cycle on pause — at least for now Published Jan 26, 2023  •  Last updated 23 hours ago  •  3 minute read 13 Comments A residential housing neighbourhood in West Vancouver. Photo by Chris Helgren/Reuters files Canada’s struggling real estate sector is breathing a sigh of relief,… Continue reading Bank of Canada comments offer light at the end of the tunnel for real estate, mortgage markets, experts say

Big Tech’s job cuts spur rallies even as economic slowdown looms

Big tech companies experienced a 5.6% bump in their stock price this month following an announcement of job cuts Author of the article: Bloomberg News Subrat Patnaik and Ryan Vlastelica Published Jan 25, 2023  •  3 minute read Join the conversation view of the main lobby of building BV200, during a tour of Google’s new… Continue reading Big Tech’s job cuts spur rallies even as economic slowdown looms

‘Today’s hike will be the last’: Economists say Bank of Canada to put interest rates on pause

Here’s what economists have to say about the latest Bank of Canada interest rate hike Published Jan 25, 2023  •  6 minute read 6 Comments Tiff Macklem is the governor of the Bank of Canada. Photo by BLAIR GABLE/Reuters The Bank of Canada raised its benchmark interest rate by 25 basis points to 4.5 per… Continue reading ‘Today’s hike will be the last’: Economists say Bank of Canada to put interest rates on pause

Bank of Canada hikes interest rate 25 basis points to 4.5%

Kevin Carmichael: Few expected a promise from the central bank to stop hiking if the economy unfolds as it forecasts Bank of Canada governor Tiff Macklem raised the benchmark rate a quarter-point on Jan. 25. Photo by REUTERS/Blair Gable The most aggressive series of interest rate increases in Canada’s history might be over. Advertisement 2… Continue reading Bank of Canada hikes interest rate 25 basis points to 4.5%

Bank of Canada raises interest rates: Read the official statement

Raises key interest rate 25 basis points to 4.5% The Bank of Canada building in Ottawa. Photo by David Kawai/Bloomberg The Bank of Canada raised interest rates by 25 basis points, bringing its key policy rate to 4.5 per cent. Advertisement 2 This advertisement has not loaded yet, but your article continues below. Here’s the… Continue reading Bank of Canada raises interest rates: Read the official statement

Food price hikes coming in February as cost blackout ends, Metro CEO says

Another round of price hikes will start hitting grocery stores in the coming weeks A Metro Inc. grocery store located at the Pie-IX shopping centre in Montreal. Photo by Pierre Obendrauf/MONTREAL GAZETTE Another round of price hikes will start hitting grocery stores in the coming weeks, mostly due to the end of a little-known holiday… Continue reading Food price hikes coming in February as cost blackout ends, Metro CEO says

‘Forewarned is forearmed’: 5 highlights from David Rosenberg’s ‘Year of the Rabbit’ event

Here’s a look at Rosenberg’s predictions for global financial markets and the economy this year David Rosenberg, founder of Rosenberg Research, at the 2023 outlook event in Toronto, on Jan. 19. Photo by Peter J. Thompson/National Post Economist David Rosenberg took Breakfast with Dave on the road on Jan. 19 with a live event in… Continue reading ‘Forewarned is forearmed’: 5 highlights from David Rosenberg’s ‘Year of the Rabbit’ event

Mohamed El-Erian: Why passive investing makes less sense now

This is an investment world that will reward much greater selectivity and dynamic asset allocation Author of the article: Financial Times Mohamed El-Erian Published Jan 24, 2023  •  3 minute read Join the conversation Mohamed El-Erian says investors now need to pay more attention to individual security selection given ongoing shifts in the investing environment.… Continue reading Mohamed El-Erian: Why passive investing makes less sense now