Since 2021, Canada, including regions like Fort McMurray, has faced the significant challenge of inflation. This economic concern, crucial for both policymakers and residents, has seen recent shifts. We’ll examine the current state of inflation in Canada, its...
Located in the middle of the Athabasca oil sands, Fort McMurray has played a significant role in the development of the petroleum industry in Canada. The city has grown substantially over the years, largely due to the oil sands industry, attracting workers from all...
Benjamin Tal, CIBC’s Deputy Chief Economist, recently delivered his analysis regarding the Bank of Canada’s monetary policy. He suggested that the Bank’s period of increasing interest rates is likely nearing its conclusion. The key issue now centers...
What does it take to be a homeowner? A down payment, certainly. A good job, yes. Strong financial planning, absolutely. And how about credit? How can you know if you’ve got good credit? And if you don’t, how can you make it stronger? Here are the 5...
The common consensus in May was that the Bank of Canada wouldn’t be increasing the overnight rate again for another 12 to 18 months. With this week’s announcement from the central bank this forecast is even more certain. In fact, more and more economists...
