Big decisions lie ahead
Flaherty concerned that momentum for reform is waning
Aging population will mean lower economic growth potential, smaller tax revenues
Loans more readily available, Bank of Canada says
Unemployment rate unchanged at 8.5%: StatsCan
Bank of Canada governor is facing an even bigger challenge, likely starting mid-year
Economists outline potential hazards
Bankruptcies tumble, consumers go shopping
Canadians are taking on greater debt at a time when higher interest rates — and debt servicing costs — may be just around the corner, economists warn.In the newest outlook, Royal Bank analysts say Bank of Canada governor Mark Carney will likely start raising rates as early as next summer.“The next tranche of rate increases […]
Finance Minister says banks must comply with international guidelines