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Cost of Living

U.S. central bank holds rate steady, but leaves door open to more hikes

by Anas Siddiqui
U.S. central bank holds rate steady, but leaves door open to more hikes

The U.S. Federal Reserve kept its key short-term interest rate unchanged Wednesday for a second straight time but left the door open to further rate hikes if inflation pressures should …

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Housing crunch driving more Canadians to say immigration is too high: survey – National

by Vera Ward
Housing crunch driving more Canadians to say immigration is too high: survey – National

A growing number of Canadians appear to feel immigration to Canada should be limited, spurred by worry about the cost-of-living crisis, according to a new survey from the Environics Institute. …

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Ottawa to pause carbon pricing on home heating oil for 3 years, Trudeau says

by Vera Ward
Ottawa to pause carbon pricing on home heating oil for 3 years, Trudeau says

The federal government will pause applying carbon pricing to home heating oil deliveries for three years in a bid to accelerate Canadians’ switch to more environmentally-friendly heat pumps, Prime Minister …

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Bank of Canada governor won’t say when interest rates will drop, but insists it won’t take a recession

by Anas Siddiqui
Bank of Canada governor won’t say when interest rates will drop, but insists it won’t take a recession

The Current18:56Why Tiff Macklem won’t rule out more rate hikes Bank of Canada Governor Tiff Macklem says he knows aggressive rate hikes have caused financial hardship for many Canadians, but …

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Canadians ‘lose sleep’ worrying about money, young adults especially: RBC poll – National

by David Johnson
Canadians ‘lose sleep’ worrying about money, young adults especially: RBC poll – National

Canadians of all ages are feeling the pinch of inflation, but it seems that the current cost-of-living crisis is having a particularly heavy impact on the mental health of younger …

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Bank of Canada holds interest rate steady at 5%

by Anas Siddiqui
Bank of Canada holds interest rate steady at 5%

The Bank of Canada has decided to keep its benchmark interest rate steady at five per cent, the second straight time the central bank has done so and a sign it may …

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Map reveals UK cities where up to half of kids are fat before they start secondary school

by Akin Smith
Map reveals UK cities where up to half of kids are fat before they start secondary school

NEARLY half of all Year 6 children are overweight or obese in England’s worst affected area, official data shows. Some 47.2 per cent of kids in Knowsley, Merseyside, met the …

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Map reveals UK cities where up to half of kids are fat before they start secondary school

by Akin Smith
Map reveals UK cities where up to half of kids are fat before they start secondary school

NEARLY half of all Year 6 children are overweight or obese in England’s worst affected area, official data shows. Some 47.2 per cent of kids in Knowsley, Merseyside, met the …

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Tired of banking fees? Ottawa pushes for more no-, low-cost accounts – National

by Vera Ward
Tired of banking fees? Ottawa pushes for more no-, low-cost accounts – National

Finance Minister Chrystia Freeland says she is directing the Financial Consumer Agency of Canada (FCAC) to work on making no- and low-cost bank accounts more readily available for Canadians. This …

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More Canadians giving up on owning a home, say it’s only for the rich: poll – National

by Vera Ward
More Canadians giving up on owning a home, say it’s only for the rich: poll – National

A growing majority of Canadians believe owning a home has become a privilege that can only be afforded by the rich, a new poll suggests, with nearly three-quarters of those …

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