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Payroll stats returned to or exceeded level of February 2020

Upset stressed young Asian business man in suit with hands on head sitting on stairs. Unemployment and layoff concept.

Annual Fed stress test projects over US$600 billion in bank losses

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Dual effects of high inflation, rising rates starting to bite

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Young, poorly educated workers still find it tough to get jobs

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Financial institutions well positioned to weather declining credit quality, Fitch says

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Home prices expected to eventually drop, with overheated Ontario and B.C. markets falling most

The Fed - Washington DC - Policy and Politics

It’s ‘absolutely essential’ to ‘restore price stability,’ Fed chair tells lawmakers

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Job vacancies hit record highs, as unemployment reached historic lows

NFC - Near field communication mobile payment

Statistics Canada also says early estimate for retail sales in May suggests a gain of 1.6% for the month

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Following March's record inflow, portfolio flows reverse in April: StatsCan