BoC hikes, Reno projects, Canada recession predictions, Broker value, More

Bank of Canada rate increases could cause recession, says economist

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05 July 2022

Top news Bank of Canada rate increases could cause recession, says economist Central bank "using a very blunt instrument to attempt to bring prices down" More Canadians need help funding reno projects, says report A growing number do not have the finances to fully fund renovation work How likely is a recession in Canada? Economists deliver their verdict Community Trust exec on what makes a valuable broker "They make sure their applications are smooth, their clients are happy" Analysis: Pandemic-era housing boom now stalling Developed economies are seeing "substantial declines" in home sales Building a strong broker/lender relationship What do both need to keep in mind? CMP Top Brokers Power Panel Analysis: Current trends making it harder for BoC to moderate inflation The central bank will almost certainly follow the US Fed's lead with a massive rate increase this month Organizations taking business trips into the metaverse 'We believe this is an example of what the future of work looks like' International news How will the cost-of-living crisis impact the mortgage market? Lenders look to tighten criteria as situation worsens Global bank foresees collapse of Aussie home lending in coming months Home loans, prices, and sales are all predicted to slump – one of them by 40% Are we entering the age of pay transparency? Research shows it increases people's productivity Non-bank launches new credit product for SMEs Access to flexible, ongoing funds available

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