Financial Post: Cost inflation inescapable as $400-million Sagard private equity fund eyes targets
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Global News: Inflation fell sharply last month. Will we see spring rate cuts?
The annual rate of inflation across the country eased half a percentage point in January, an unexpected drop that could mark a “pleasant surprise” for consumers and the Bank of Canada alike.
Toronto Star: Is Toronto hurtling toward a ‘city-cession’? New data paints a gloomy picture as consumer spending slows
According to data from the Canadian Chamber of Commerce the year started off with a “burst of activity,” but in recent months spending has slowed.
Financial Post: Bank of Canada raises rate 75 bps and signals more hikes to come
The Bank of Canada delivered another supersized hike on Wednesday, raising the policy interest rate by 75 basis points to 3.25 per cent, the highest since the global financial crisis.