Bank of Canada Governor Tiff Macklem said inflation has come down in recent months, but still remains too strong. Read more.
“Inflation has come down in recent months, but we have yet to see a generalized decline in price pressures,” Macklem said. “This tightening phase will draw to a close. We are getting closer, but we are not there yet.”Sign up to receive the daily top stories from the Financial Post, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc.
You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails. Postmedia Network Inc. | 365 Bloor Street East, Toronto, Ontario, M4W 3L4 | 416-383-2300A welcome email is on its way. If you don't see it, please check your junk folder.We encountered an issue signing you up. Please try againAfter a strong job gain report for October, Canada’s annual inflation rate held steady that same month at 6.
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Half of variable-rate mortgages have hit their trigger rate, estimates Bank of CanadaBank of Canada says the adjustment to higher interest rates will be painful for recent homebuyers with variable\u002Drate mortgages. Read more
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Half of variable-rate mortgages have hit their trigger rate, estimates Bank of CanadaBank of Canada says the adjustment to higher interest rates will be painful for recent homebuyers with variable\u002Drate mortgages. Read more
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Half of variable-rate mortgages have hit their trigger rate, estimates Bank of CanadaBank of Canada says the adjustment to higher interest rates will be painful for recent homebuyers with variable\u002Drate mortgages. Read more
Read more »
Half of variable-rate mortgages have hit their trigger rate, estimates Bank of CanadaBank of Canada says the adjustment to higher interest rates will be painful for recent homebuyers with variable\u002Drate mortgages. Read more
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