In Canada, just over 10 per cent of households live in housing that is unaffordable, unsuitable or inadequate, and they cannot afford alternative housing in their community. THE CANADIAN PRESS/Darryl Dyck Jacquie Gahagan, Mount Saint[...]

Read More about Canada’s National Housing Strategy: Is it really addressing homelessness and affordability?

BANFF, 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 expectations

OTTAWA – Canada’s annual inflation rate slowed to 7.0 per cent in August largely driven by the price of gasoline falling, but the cost of groceries continues to climb. In its latest monthly consumer price index (CPI) report, Statistics Canada said grocery[...]

Read More about Canada’s inflation rate cools in August but grocery prices continue to climb

OTTAWA – Bank of Canada deputy governor Paul Beaudry said in hindsight, governments and central banks should have withdrawn stimulus measures earlier as economies recovered from the COVID-19 pandemic, which likely would have kept a lid on inflation. In[...]

Read More about Economic stimulus should have stopped earlier to tame inflation, Bank of Canada says
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