Economic Indicators

U.S. home sales slumped in July as rising mortgage rates and prices discouraged buyers

The shortage of homes for sale has kept the market competitive

By Alex Veiga, The Associated Press |August 22, 2023

2 min read

Wages, productivity pose threat to inflation fight

Rising labour costs could mean a harder economic hit to curb inflation, Scotia report says

By James Langton |August 21, 2023

2 min read

Business Council warns about debt costs as federal cabinet meets

Lobby group pointed to U.S. downgrade as a warning

By Mark Burgess |August 21, 2023

2 min read

Household debt growth modest in June

HELOC balances decline, cooling credit card and mortgage growth

By James Langton |August 18, 2023

1 min read