Former BoC governor Stephen Poloz warns against entrenching inflation in expectations
Posted: Sep 27th, 2022In: ConstructionNewsBANFF, Alta. – Preventing current high inflation levels from becoming embedded into the public’s expectations is key if the country is to avoid falling into recession, former Bank of Canada governor Stephen Poloz said Thursday. Poloz, who was head of the bank for[...]
Read More about Former BoC governor Stephen Poloz warns against entrenching inflation in expectationsThe 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 highInflation sets fresh three decade high at 6.8% in April with little sign of cooling
Posted: May 21st, 2022In: ConstructionNewsOTTAWA – The cost of nearly everything at the grocery store continued to climb higher to help push the annual inflation rate to a fresh three-decade high in April and economists warn prices could continue to heat[...]
Read More about Inflation sets fresh three decade high at 6.8% in April with little sign of coolingBank of Canada deputy governor says near term inflation higher amid Ukraine war
Posted: Mar 26th, 2022In: ConstructionNewsOTTAWA – The Russian invasion of Ukraine is adding to inflationary pressures around the world and in Canada, a senior Bank of Canada official said Friday. In a speech by webcast to a conference at the U.S. Federal Reserve Bank of San Francisco, deputy governor[...]
Read More about Bank of Canada deputy governor says near term inflation higher amid Ukraine warFederal election 2021: More supply won’t solve Canada’s housing affordability crisis
Posted: Sep 19th, 2021In: ConstructionNewsA four-year-old girl plays house as Liberal Leader Justin Trudeau makes a campaign stop in Mississauga, Ont., where he spoke of his party’s policy on affordable housing. THE CANADIAN PRESS/Sean Kilpatrick Joel Roberts, York University,[...]
Read More about Federal election 2021: More supply won’t solve Canada’s housing affordability crisisFederal leaders argue over affordability plans as campaigns make pitch for votes
Posted: Sep 16th, 2021In: ConstructionNewsOTTAWA – The question of who would make life more affordable for Canadians hit the campaign trail Wednesday with party leaders defending why their spending plans would ease pressures as inflation hit a near two-decade[...]
Read More about Federal leaders argue over affordability plans as campaigns make pitch for votes