Rising interest rates will boost debt payments for highly indebted households, which make up 12% of all Canadian households
Economy shows resilience as retail sales grow
Central bank predicts economic resilience despite trade risks
Unemployment rate rises to 6%
There are other factors complicating the interest-rate outlook since the central bank last raised interest rates on May 30
Each province must choose whether to implement the tax change related to passive investment income held by incorporated individuals introduced last year
Unexpectedly weak data on inflation, retail sales cloud central bank’s next step
Core measure above 2% for first time in six years
The legislation lists 31 qualifying offences, including bribery of a foreign public official, municipal corruption, fraud, theft, forgery and insider trading
The unemployment rate remained at 5.8% as the economy posted a net loss of 1,100 jobs during the month