Monthly Archives: December 2023

Danielle on CBC Weekend Business Panel

Danielle was a guest on the CBC Weekend Business Panel, talking about the Bank of Canada rate decision, grocery prices and McDonald’s efforts to increase sales. You can watch a video clip of the segment here.

Posted in Main Page | Comments Off on Danielle on CBC Weekend Business Panel

Lagged effects of epic tightening cycle will intensify in 2024

Equifax Canada reports that Canadian households added $80 billion of additional consumer debt over the past year, making the total outstanding an eye-watering $2.4 trillion. Well beyond paycheck to paycheck, many are living credit card to credit card. Money owed … Continue reading

Posted in Main Page | Comments Off on Lagged effects of epic tightening cycle will intensify in 2024

Economic weakness is leading interest rates lower

This morning, weaker-than-expected US job creation in November adds to the growing list of negative economic surprises globally and reinforces the expectation that the Bank of Canada today and the US Fed next Wednesday will make no rate changes for … Continue reading

Posted in Main Page | Comments Off on Economic weakness is leading interest rates lower