Yahoo! Finance: Small businesses face triple threat of inflation, recession and looming pandemic loan deadline
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Financial Post: Bank of Canada policymakers at odds over when they can cut interest rates
Andrew DiCapua, senior economist at the Canadian Chamber of Commerce’s business data lab, is also expecting the Bank of Canada to continue holding rates through June, while taking the time to digest two more inflation updates, updated surveys on expectations and a federal budget.
The Globe and Mail: Population growth is propping up consumer spending numbers
The ability of Canadian consumers to keep spending, despite substantially higher interest rates, forced the Bank of Canada to resume hiking rates in June.
The Globe and Mail: Empty Canadian offices fill 89 Rogers Centres – and it’s a chance to reimagine downtown
Almost 50 million square feet of vacant office space is available in Canadian downtowns, with nearly 40 per cent of that becoming vacant since the COVID-19 pandemic hit. That’s the equivalent of 89 baseball stadiums the size of Rogers Centre in Toronto.