Economic Indicators

Canadian retail sales fell 0.1% to $61.8 billion in November

Economic Indicators

Canadian retail sales fell 0.1% to $61.8 billion in November

Better than expected, new auto sales still increasing

By Brett Bundale, The Canadian Press |January 20, 2023

2 min read

Credit card debt hits record high

Economic Indicators

Credit card debt hits record high

Mortgage debt growth remains sluggish alongside weaker housing markets, finds StatsCan

By James Langton |January 19, 2023

1 min read

Pandemic wealth gains wiped out: StatsCan

Economic Indicators

Pandemic wealth gains wiped out: StatsCan

A "perfect storm" drove a drop in household net worth in Q3

By James Langton |January 19, 2023

2 min read

Federal Reserve vice-chair backs smaller hikes, saying inflation easing

Economic Indicators

Federal Reserve vice-chair backs smaller hikes, saying inflation easing

However, interest rates must remain elevated "for some time," Brainard said

By Christopher Rugaber, The Associated Press |January 19, 2023

3 min read