Bank of Canada Governor Tiff Macklem says low-income Canadians are the hardest hit by high inflation and will be disproportionately affected by the impending economic slowdown.
Slowdown will impact low-income earners most, Macklem saysRenovation boom continues even as project costs increase and interest rates riseThe Daily Chase: Bobby Le Blanc to become Onex CEO; Musk warns of possible Twitter bankruptcyBank of Canada: Job losses will rise but won't reach levels seen in past economic downturnsThe Daily Chase: Cineplex sees profit boost; Canadian Tire miss Q3
expectationsThe Daily Chase: Meta layoff 11,000 employees, Rogers misses Q3 expectationsCanada's economy seen taking 5.8% hit on climate change by 2100Broad union support for general strike unprecedented, labour experts sayDelays for new hybrid, electric cars reach years — not months — amid supply crunchThe Daily Chase: Rogers-Shaw deal faces public hearing; Ritchie Bros to buy IAA for US$6.3B
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Low-income Canadians will be disproportionately affected by economic slowdown, Tiff Macklem saysThe Bank of Canada governor said there is ‘no easy way’ to restore price stability but that the ultimate outcome of raising interest rates will be better for all Canadians
Read more »
Opinion | Time for Canada to start ticking boxes on its climate change to-do listAs the COP27 climate change conference limps along, not a single country has mets in greenhouse gas reduction targets. It’s time, writes David Olive, for Canada to ‘think globally, act locally’ and get a move on
Read more »
Former Canada forward Hume retires after scoring goals around the globeThe 39-year-old's last club was India's FC Pune City, which he left in June 2019. More recently he has served as a TV analyst for OneSoccer and as head coach of Woodstock FC.
Read more »
RRSP 101: What to know about saving for retirement in CanadaA RRSP is a savings plan for retirement. The contribution limit for 2023 is 18% of your previous year’s earned income or $30,780 (whichever is less), and the deadline to fund the account is March 1, 2023.
Read more »
Best sites to book vacations from Canada 2022An online guide to make planning your getaway a cinch. vacationplanning outofoffice
Read more »
Best sites to book vacations from Canada 2022An online guide to make planning your getaway a cinch. vacationplanning outofoffice
Read more »