BoC inflation worries, further rate hikes, Toronto prices drop, Ontario election, Vancouver commercial record, More

Bank of Canada "cranks up warning meter" on inflation: BMO economist

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03 June 2022

Top news Bank of Canada "cranks up warning meter" on inflation: BMO economist The central bank appears more concerned than before on the inflation crisis, expert says Key interest rate could rise above 3%, says BoC's Beaudry Further systemic volatility will force the central bank to raise rates again Toronto home prices fall for third straight month Prices have now declined by nearly 9% since February Vancouver industrial market sets a North American record Red-hot demand pushed market investment activity past a key milestone in Q1 Conservatives sweep to majority win in Ontario election Doug Ford cruised to an easy victory in Thursday's vote Cities crucial to boosting housing supply, argue leading mayors Urban areas are particularly well suited for hosting more affordable housing supply Credit activity surges among Canadian consumers Credit balances and participation posted robust recovery during the first quarter, said TransUnion Coffee giant Starbucks latest big name in corporate exodus from Russia "It's important to understand it might impact your employees" International news US housing market crash coming? Economic analyst gives sober assessment Major bank tips bigger rate rise Bank predicts that runaway inflation will require a stronger response from the RBA Debt-free diva bursts interest rate fear bubble Media spooking clients, adviser says How much is a home located on a 'royal' road? Some carry a more affordable price tag despite their regal address

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