Companies paying down debt also reduce their deposits and outstanding loans, according to CIBC
Inflation and U.S. bank turmoil still pose challenges
Credit card performance deteriorating, insolvencies rising, as higher rates and inflation bite
Canada’s April inflation figure anticipated to be well below the 5.2% wage growth
The hike — the 12th in a row — puts more pressure on borrowers
Inflation, end to pandemic assistance drove decline in real incomes
Consumer prices rose by 0.4% from March to April, up by 4.9% from April 2022.
Committee needs data confirmation before rate cycle shifts
Once demand revives, aging populations will pressure labour market again
Latest economists' survey points to friendlier conditions this year