Annual Fed stress test projects over US$600 billion in bank losses
Dual effects of high inflation, rising rates starting to bite
Young, poorly educated workers still find it tough to get jobs
Financial institutions well positioned to weather declining credit quality, Fitch says
Home prices expected to eventually drop, with overheated Ontario and B.C. markets falling most
It’s ‘absolutely essential’ to ‘restore price stability,’ Fed chair tells lawmakers
Job vacancies hit record highs, as unemployment reached historic lows
Statistics Canada also says early estimate for retail sales in May suggests a gain of 1.6% for the month
Following March's record inflow, portfolio flows reverse in April: StatsCan
Both mortgage and non-mortgage debt rose in April