Inflation and higher interest rates have eroded Canadians' purchasing power since 2022, particularly for lower-income households, according to the Parliamentary Budget Officer.

In this excerpt from his book Fleeced, Andrew Spence explains how Canadian banks succeed at keeping credit card interest ...

Inflation and higher interest rates have eroded Canadians' purchasing power since 2022, particularly for lower-income ...

As inflation sharply accelerated in 2022, household purchasing power declined. Meanwhile, the Bank of Canada rapidly ...

Wealthier households see gains in purchasing power due to investment income, while lower-income households struggle to keep ...

There was an expanding narrative of how the Bank of Canada was going to unleash a fresh wave of housing inflation when it began to cut rates four months ago. The exact opposite has happened.

Inflation and higher interest rates have eroded Canadians' purchasing power since 2022, particularly for lower-income households, a new report from the parliamentary budget officer has found. But ...

A fossil fuel financial bubble is growing as financial institutions pump over a trillion dollars into the sector, even as the ...

Accusations of price gouging have been levied at the big grocery chains, which are the face of rising food prices. A report ...

In September, 23 new ETFs made their way into the Canadian market. Dynamic Funds released U.S. versions to three funds from ...

Bank of Canada governor Tiff Macklem said Tuesday that he is pleased that inflation has fallen to two per cent, but the central bank now has to "stick the landing" and keep price growth centred around ...

The sobering reality of the green hydrogen deal belies the challenge of balancing large-scale infrastructure investments and ...