Wealthier households, however, have seen their purchasing power rise since 2022
Lower rates expected to ease burden on highly indebted household sector
Rental housing increasingly popular due to demographic shifts and the unaffordability of home ownership
Bets are now leaning toward a first cut in September in the U.S.
Investment levels in Canada’s private sector dampened by higher government spending, volatility in U.S. trade relations: Poloz
Central bank expects interest rates to land at a higher level — an important consideration for clients with debt
Experts say economy still playing catch-up after pandemic lows
Consumer insolvencies also increased in January, but not nearly as sharply
Equifax Canada finds delinquency rates rose outside those provinces at a slower pace
Almost 900,000 businesses received an interest-free CEBA loan during the pandemic, securing up to $60,000