Major Central Banks Tilt Towards Hiking Mode as Inflation Rises
Global central banks, including the Bank of Canada, are pivoting towards interest rate hikes as inflation concerns intensify. Explore the implications for the economy and markets.
Category : Search result: rate hike
3+ Unemployed for Every Job Vacancy in Canada, October Data Shows
New data reveals a challenging Canadian labour market, with more than three unemployed individuals for every job opening in October. Explore the details and implications for the economy.
Labour Shortage Ends as Job Vacancies Keep Falling in Canada
Statistics Canada reports a continued decline in job vacancies, with openings dropping 2.8% in Q3 2025. Explore the shift from labour shortage to job shortage and what it means for the economy.
Regina Mayor Proposes Lower 10.73% Mill Rate Increase
Regina Mayor Chad Bachynski proposes a 10.73% mill rate increase, down from 15.69%, with $12.8M in cuts to balance taxes and services. Council debates budget this week.
Vancouver approves 32-storey DTES towers, cuts shelter housing
Vancouver council has approved a controversial plan allowing towers up to 32 storeys in the Downtown Eastside while reducing the mandated percentage of shelter-rate housing units.
U.S. Jobless Rate Hits 4.6%, a Four-Year High
The U.S. unemployment rate rose to 4.6% in November, its highest point since September 2021, as job growth slows and manufacturing sheds positions. Key officials debate the causes.
U.S. Job Growth Slows as Unemployment Rises to 4.6%
U.S. job market momentum fades with 64,000 November jobs, rising unemployment, and delayed data due to government shutdown. AI and policy uncertainty weigh on hiring.
U.S. gains 64,000 jobs, unemployment rate 4.6%
The U.S. economy added 64,000 jobs in November, but revised figures show a loss of 105,000 in October. The unemployment rate remains at 4.6%. Get the latest labour market analysis.
Per-Capita GDP Improves for First Time Since 2022
A key measure of Canadian living standards, per-capita GDP, is set to rise in 2025, ending a three-year decline. RBC economists cite slowing population growth and improving underlying economic conditions.
Regina Council Debates 15.69% Tax Hike for 2026 Budget
Regina city council begins a week-long review of the 2026 budget, facing a proposed 15.69% mill rate increase. Key decisions on police funding, utility rates, and potential service cuts are on the table.
Inflation stable at 2.2% nationally, falls to 3.0% in Quebec
Canada's annual inflation rate remained at 2.2% in November, while Quebec's rate fell to 3.0%. BMO economist Sal Guatieri discusses the economic outlook. Read the latest data and analysis.
Canada's inflation steady at 2.2% in November
Canada's annual inflation rate remained steady at 2.2% in November 2025, even as grocery prices climbed. Get the latest details on the Consumer Price Index and what it means for your wallet.
Edmonton's $6B Budget: 6.9% Tax Hike Details
Edmonton City Council passes a $6-billion budget for 2026, leading to a 6.9% property tax increase. See the breakdown of major capital projects and operating costs.
Toronto Councillor Calls for Course Correction on City Spending
Toronto City Councillor Vincent Crisanti argues that taxpayers have lost faith as property tax hikes loom. He calls for a refocus on core services like snow removal and transit instead of bureaucratic expansion.
Edmonton passes budget with 6.9% property tax increase
Edmonton City Council approved a 6.9% property tax hike for the 2025 budget, exceeding initial targets. Councillors Karen Principe and Mike Elliott voted against it, expressing disappointment over spending priorities.
12 Dead in South African Bar Mass Shooting
A tragic mass shooting at an unlicensed bar near Pretoria has left 12 dead, including three children. Police are searching for three suspects as South Africa grapples with endemic gun violence. Read the full report.
Alberta unemployment rate plunges to 6.5% in job surge
Alberta's unemployment rate plummeted from 7.8% to 6.5% in November, marking the largest monthly drop outside a pandemic since 1976. Over 28,000 new jobs were created.
Alberta records largest employment gain in Canada last month
Alberta gained more jobs than any other province in September 2025, but its unemployment rate remains higher than the national average. Explore the latest labour market data from Statistics Canada.
Windsor-Essex Sets Record-High Employment Numbers
Windsor-Essex celebrates a historic employment high as the local job market rebounds strongly, fueled by investment stability. Discover the numbers and the driving forces behind this economic turnaround.
Manitoba Jobless Rate Falls Below Canadian Average
Manitoba's unemployment rate has dropped below the national figure, a positive economic sign for the province. Discover the latest Statistics Canada data and what it means for Winnipeg and the region.
Loonie Jumps Above 72 Cents on Strong Jobs Report
The Canadian dollar soared above 72 cents U.S. after a surprisingly strong November jobs report, reinforcing expectations the Bank of Canada will hold rates. Discover the market impact.
Strong Jobs Data Pushes Bank of Canada Rate Cuts to 2026
Canada's surprisingly strong November jobs report, with 54,000 new positions, has economists predicting the end of rate cuts and flirting with the possibility of a hike in 2026. Discover the market implications.
Calgary business community 'disappointed' by city budget
Calgary's business community expresses deep disappointment with the city's new budget, citing a costly 6.9% property tax increase. Key groups warn of negative impacts on competitiveness.
Canada Gains 54,000 Jobs, Unemployment Drops to 6.5%
Canada's labour market showed strength in November, adding 54,000 jobs and lowering the unemployment rate to 6.5%. Get the full analysis of the latest StatCan report.
Edmonton Council Pushes 6.92% Property Tax Increase
Edmonton's city council has voted for a proposed 6.92% property tax increase, exceeding administration's recommendation. This continues a trend of significant tax hikes for homeowners.
Morgan Stanley Reverses U.S. Fed Rate Cut Forecast to 25bps
Morgan Stanley admits it 'jumped the gun,' revising its December U.S. Federal Reserve interest rate prediction. Get the full analysis on this significant market shift.
Edmonton locks in 6.9% property tax hike
Edmonton City Council has finalized a 6.9% property tax increase for 2025. Get the details on the decision, budget pressures, and what it means for homeowners.
CIBC Slashes 1-Year Fixed Mortgage Rate to 4.74%
CIBC offers Canada's lowest uninsured one-year fixed mortgage rate at 4.74%. Analysts warn of potential rate volatility ahead of key central bank announcements this week.
Greater Sudbury Budget: 3.9% Tax Increase Approved
Greater Sudbury's finance committee has finalized the 2025 city budget, resulting in a 3.9% property tax increase. Learn what this means for homeowners and city services.
Leamington Proposes 2.5% Tax Increase for 2026
The Municipality of Leamington is considering a 2.5% property tax rate increase for its 2026 budget. Learn about the proposed changes and their potential impact on local residents.
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