inflation

Majority of Canadians think country is in recession, new polls shows – National

Most Canadians believe the country is in a recession and that prices are going to continue to rise for the foreseeable future, according to a new poll. A wide-ranging survey by Leger asked Canadians and Americans about issues including travel plans, airport delays and inflation. More than 80 per cent of Canadian respondents said they …

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How to confidently spend your money in retirement

Managing money in this so-called decumulation stage requires the same careful planning they used to create their nest egg.andreswd/iStockPhoto/Getty Images As a financial planner, Warren MacKenzie applauds the efforts of his clients to save money for retirement. But he sees many struggling to spend the funds they so carefully put away once they’re retired. Mr. …

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Peak inflation? Why some prices are tumbling fast

Lumber prices have tumbled in recent weeks.JENNIFER GAUTHIER/The Globe and Mail As inflation rates climb to multi-decade highs across the world, some of the biggest drivers of consumer-price growth have entered a new and welcome phase: Their prices are actually declining. Crude oil, wheat and lumber are among several commodities that have tumbled in recent …

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NS workers say wages, ‘shut up, do your job’ mentality driving labor shortage

As Canada continues to grapple with a nationwide labor shortage, some workers say it’s happening because people are less willing to work for low pay and poor treatment. Last fall, Ben Coleman decided to leave his job at a Halifax-area grocery chain due to a “culmination of things,” with low wages playing a big role. …

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Canada to enter ‘moderate and short-lived’ recession in 2023, RBC economists warn

A person walks by the Royal Bank of Canada building on Bay Street during the COVID-19 Pandemic in Toronto on Wednesday, May 27, 2020.Nathan Denette/The Canadian Press The Canadian economy will slip into a “moderate and short-lived” recession in 2023 as it copes with rising interest rates and lofty inflation, Royal Bank of Canada warned …

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Bank of Canada’s interest rate increases, causing anxiety and confusion among Canadians: Study – Saskatoon

With interest rate increases to .5, 1.0 and 1.5 per cent so far in 2022, the Bank of Canada’s increases are causing confusion and stress for many Canadians, according to a 2022 real estate study completed by TD. It found 38 per cent of Canadians are confused about what is rising interest, while 76 per …

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Bank of Canada’s rapid rate hikes likely to cause a recession, study finds

The Bank of Canada’s strategy of rapidly increasing its key interest rate in an effort to tackle skyrocketing inflation will likely trigger a recession, says a new study released Tuesday from the Canadian Center for Policy Alternatives (CCPA). The study showed that in the last 60 years the central bank has in three cases managed …

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ETFs for investors willing to bet on REITs in a rising rate environment

Investors often assume rising interest rates are bad for real estate investment trusts (REITs), given they’re in the business of taking on debt to add to their property portfolios. At first glance, that sentiment appears to be accurate, given the more than 20-per-cent drop in the S&P/TSX REIT index so far this year. But there …

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