Economists predict inflation climbed even higher in June amid ‘reopening effect’
OTTAWA – Economists are predicting an even higher reading of inflation for June as energy and food prices crept higher and the economy reopened further. The consumer price index in Canada hit a nearly 40-year high of 7.7 per cent in […]
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Bank of Canada hikes key interest rate by full percentage point
OTTAWA – The Bank of Canada raised its key interest rate by a full percentage point on Wednesday, marking the largest single rate hike since August 1998. The central bank’s decision signalled a more aggressive approach to bringing skyrocketing inflation, […]
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BC Construction Association Launches Building Builders Mentorship Program
Encouraging Canadians to explore career opportunities and develop connections with employers in the skilled trades is a key priority for Canada’s Skilled Trades Awareness and Readiness (STAR) Program. To help deliver these important services, the […]
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Bank of Canada surveys suggest business and consumer inflation expectations up
OTTAWA – A pair of new reports from the Bank of Canada point to rising inflation expectations by Canadian businesses and consumers. In its business outlook survey released Monday, the central bank said businesses’ expectations for near-term inflation have increased, and firms expect […]
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Calgary home sales ease as detached and semi detached markets see pullback: board
CALGARY – The Calgary Real Estate Board says sales eased in June as the market experienced a pullback in the detached and semi-detached housing categories. The Alberta board says last month’s sales amounted to 2,842, down two […]
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