The Bank of Canada’s own policy is the reason why inflation is so high
Posted: Sep 16th, 2022In: ConstructionNewsGovernor of the Bank of Canada Tiff Macklem speaks at a press conference in Ottawa in June 2022. THE CANADIAN PRESS/ Patrick Doyle Apostolos Serletis, University of Calgary The Bank of Canada has raised interest[...]
Read More about The Bank of Canada’s own policy is the reason why inflation is so high
Bank of Canada deputy says households may be more impacted by rise in interest rates
Posted: Nov 25th, 2021In: ConstructionNewsOTTAWA – A senior official at the Bank of Canada says the number of highly indebted households appears to be back on the rise as pandemic aid from governments winds down. In a speech to a conference held by the Ontario[...]
Read More about Bank of Canada deputy says households may be more impacted by rise in interest rates
More supply needed to ease housing price crunch, but always more to do, Freeland says
Posted: Apr 22nd, 2021In: ConstructionNewsOTTAWA – Finance Minister Chrystia Freeland says the country needs a boost in the supply of housing to help make prices more affordable, but suggests there may be other steps governments can take. Speaking at a virtual[...]
Read More about More supply needed to ease housing price crunch, but always more to do, Freeland says
Bank of Canada keeps rate on hold, sees brighter economic outlook
Posted: Apr 21st, 2021In: ConstructionNewsOTTAWA – The bank of Canada provided a rosy revision to its economic outlook Wednesday but kept its key rate at 0.25 per cent in a sign that it won’t count its chickens before they hatch. The improving conditions[...]
Read More about Bank of Canada keeps rate on hold, sees brighter economic outlook