Economic Indicators

Decorative pattern

Economic Indicators

Bank of Canada sets interest rate

The Bank of Canada is keeping its trend-setting interest rate at 1%, even as the Canadian economy shows signs of a broadening recovery.

By Staff, with files from The Canadian Press |December 3, 2014

1 min read

Decorative pattern

Economic Indicators

Consumer debt grows to more than $1.5 trillion

At more than $1.513 trillion in debt, Canadian consumers have yet again set a record, says Equifax Canada.

By Staff |December 3, 2014

1 min read

Decorative pattern

Economic Indicators

Oil prices plunge following OPEC’s decision

The Organization of Petroleum Exporting Countries has decided to maintain current oil production levels.

November 28, 2014

4 min read

Decorative pattern

Economic Indicators

Homes become slightly more affordable in Q3 2014

Home ownership became more affordable across Canada in the third quarter of 2014, despite a broad increase in home prices.

By Staff |November 26, 2014

2 min read