Economic Indicators

Decorative pattern

Economic Indicators

Banks adjust prime rates again after latest BoC hike

The central bank raised its key lending rate to 3.75% on Wednesday

By Staff |October 26, 2022

1 min read

Immigration boosts workforce, combats aging

Economic Indicators

Immigration boosts workforce, combats aging

New arrivals are key to supporting Canada's economy, StatsCan reports

By James Langton |October 26, 2022

2 min read

Declining wealth to torpedo spending, growth: RBC

Economic Indicators

Declining wealth to torpedo spending, growth: RBC

Household wealth expected to drop by $1.6 trillion from pandemic heights

By James Langton |October 26, 2022

2 min read

Bank of Canada slows pace of rate hikes but Macklem warns more to come

Economic Indicators

Bank of Canada slows pace of rate hikes but Macklem warns more to come

Key rate now 3.75%, up from 0.25% in March

By Nojoud Al Mallees, The Canadian Press |October 26, 2022

3 min read