The Canadian economy is showing early signs of a recession in 2023. Headwinds from aggressive central bank interest rate hikes are gaining strength, and the housing market has already seen a sharp decline since spring.
All tagged interest rates
The Canadian economy is showing early signs of a recession in 2023. Headwinds from aggressive central bank interest rate hikes are gaining strength, and the housing market has already seen a sharp decline since spring.
Mortgage qualifying rates expected to rise in second half of 2021.
A look at what leading economists and the Big 6 banks are predicting ahead of next Wednesday’s Bank Rate announcement.