Plus, why you should cash in on credit-card rewards now
. As Rachelle Younglai reports, the number of sales in January was 3-per-cent lower than December after removing seasonal influences. And the home price index, which excludes sales of highly priced properties, was $714,700 last month, down 1.9 per cent from December. But the real-estate industry is seeing a different picture, where would-be buyers are trickling back into the market.
, a stark rebound from 2020 when oil prices collapsed amid pandemic lockdowns and the number of rigs across Canada fell to just 13. The biggest hurdle facing the industry? Finding enough workers to operate the rigs.consider using them now . According to Rob Carrick, there’s a long-standing pattern of outstanding rewards being ratcheted down at some point. While we’re in a golden age of rewards – so many choices for earning a pile of cash back and travel points – it’s unclear whether that will last through tough economic times. Credit cards seem to be losing some of their dominance as a preferred way to pay for things.
, after the eighth consecutive rate hike in 11 months brought the policy rate to 4.5 per cent in January, but that it will reconsider if inflation doesn’t drop as expected.
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