interest rates

Scotia sees rate hikes resuming as early as June Scotia sees rate hikes resuming as early as June

Economic Indicators

Scotia sees rate hikes resuming as early as June

Strong inflation data coupled with housing market rebound makes case for more BoC tightening

By James Langton |May 16, 2023

1 min read

Canada’s annual pace of inflation rose to 4.4% in April Canada’s annual pace of inflation rose to 4.4% in April

Economic Indicators

Canada’s annual pace of inflation rose to 4.4% in April

Rent and mortgage costs led to the first increase in the annual rate since it peaked at 8.1% in June 2022

By Staff, with files from The Canadian Press |May 16, 2023

3 min read

Canadian home sales up 11.3% from March to April Fallback Image Decorative pattern

Economic Indicators

Canadian home sales up 11.3% from March to April

The year-over-year sales decline was markedly smaller than the drops reported in recent months

By Staff, with files from The Canadian Press |May 15, 2023

3 min read

Inflation likely slowed again in April, but economists say wage growth a top concern Inflation likely slowed again in April, but economists say wage growth a top concern

Economic Indicators

Inflation likely slowed again in April, but economists say wage growth a top concern

Canada’s April inflation figure anticipated to be well below the 5.2% wage growth

By Nojoud Al Mallees, The Canadian Press |May 12, 2023

3 min read