’Tis the season: Indebted Canadians pull out the plasticCanadians are among the world’s biggest users of credit cards. We make even Americans look prudent.
The days of easy money in the housing market are overIf you recently bought into the housing market in Toronto or Vancouver solely to make a quick financial gain, you probably just made a mistake
What exactly are negative interest rates anyway?Economist Paul Beaudry explains the new thinking around negative interest rates and how they would impact consumers were they implemented in Canada
For the record, Stephen Poloz: ’It’s prudent to be prepared’What the governor of the Bank of Canada told the Empire Club of Canada today
Why the Bank of Canada and the U.S. Fed are parting waysJanet Yellen says she will raise the U.S. benchmark interest rate at last, while the Bank of Canada stays low for longer
Stephen Poloz: ’We’ve adjusted to rising prices; we can adjust to falling ones’For the record: Bank of Canada governor Stephen Poloz on riding the commodity cycle
Why QE may be coming to Canada (and no, we don’t mean the Queen)With interest rates close to zero, the Bank of Canada may have to turn to QE, as in quantitative easing, if the economy continues to slump. But will it work?
How Canada’s economy went from boom to recession so fastAn in-depth look at the perfect storm that pushed Canada into recession
A Maclean’s expert economic panel parses the Bank of Canada’s rate cutOur expert panel breaks down the day’s economic newsmaker
Tell us, Stephen Poloz: What do you really think?We may never know what the Bank of Canada governor is thinking, but U.S. Fed meeting transcripts help illuminate his tricky balance