Ongoing cost of living crisis should trigger another housing benefit payment: Singh
The first $500 top-up was rolled out just before Christmas and distributed $402 million
- By: Mia Rabson, The Canadian Press
- September 1, 2023 September 1, 2023
- 08:58
The first $500 top-up was rolled out just before Christmas and distributed $402 million
Interest rate decision on Sept. 14 will be data-dependent
The country is one of the fastest growing economies of the world
Economists, traders increasingly believe Federal Reserve won't hike in September
Foreign investors acquired $54.7 billion in Canadian bonds in the second quarter
Lofty post-pandemic outlays can't last, given higher debt servicing costs
Total household debt reached $2.3 trillion in Q2, up 4.2% from last year
The Federal Reserve will likely welcome Tuesday's data
The downturn in spending showed up in the earnings reports of many high-profile retailers
Majority of Canadian businesses still see rising inflation as obstacle, according to a StatsCan survey
Her address followed a speech earlier Friday in Jackson Hole by Federal Reserve Chair Jerome Powell
Revenues for the period totalled $110.58 billion, up from $107.88 billion a year earlier
Targeted stimulus and consumer spending seen as keys to jump-starting economy
Reiterates the central bank's determination to keep its benchmark rate elevated until inflation falls to 2% target
All five leaders are said to back the principle of letting in new members, but decision still uncertain
As central bankers gather at Jackson Hole conference this week, speeches will be scrutinized for hints
Consumer spending “continued to sputter” as economic growth weakened
A drop in prices in the first quarter triggered a surge in home-buying activity in the second
The shortage of homes for sale has kept the market competitive
Fund assets rose in July, with ETFs climbing faster than mutual funds
Rising labour costs could mean a harder economic hit to curb inflation, Scotia report says