inflation
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housing market

US mortgage rates hit 2008 levels, the highest in nearly 15 years

Mortgage rates in the U.S. are reaching their highest levels in nearly 15 years, hitting 2008 levels.
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canada

Bank of Canada cautions that mortgage payments could increase by up to 45% for some borrowers by 2025

The Bank of Canada is sending a warning out to Canadians who took out loans in 2020-2021 saying they may start to experience a jump in their monthly payments, possibly up 45% by 2025-2026.
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inflation

As inflation shows no sign of easing, U.S. central bank eyes 0.75% rate increase

As the inflation shows no sign of slowing down in the United States, investors are speculating the Federal Reserve could hike rates 75 basis points.
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canada

1 in 5 Canadians report forgoing eating due to rising food prices and inflation

A recent survey from Mainstreet Research has found that 1 in 5 Canadians has forgone meals and gone hungry “because there wasn’t enough money for food”.
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canada

Quebec premier promises another $500 cheque to fight inflation, but only if his party is re-elected in October election

Quebec premier François Legault’s latest electoral promise looks like an attempt to buy votes, according to opposition parties.
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Economy

Inflation shows no sign of ease as CPI increases 8.3% in April

The prevalent inflation in the United States shows no real sign of ease as the Consumer Price Index grew 8.3% year-over-year in April.
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inflation

Putin says Western sanctions are hurting the West more than Russia

On Thursday, May 12, Russian President Vladimir Putin said during his televised remarks that the sanctions western countries placed on Russia are actually hurting western countries more than Russia.
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canada

Bank of Canada to aggressively increase policy interest rate by 0.5%

The Bank of Canada is set to increase its policy rate to 1% on Wednesday.
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biden

64% of Americans believe Biden’s policies have increased inflation, poll finds

A new poll from Rasmussen Reports found that 64% of Likely U.S. Voters believe the policies of Biden’s administration have increased inflation.
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inflation

Less than 30% of Americans think the U.S. is heading in the right direction, poll finds

In a recent poll from Rasmussen Reports, 29% of Likely U.S. Voters think the country is heading in the right direction.
canada

Justin Trudeau says “No government, politician, or man should tell a woman what she can and cannot do with her body” over Roe v. Wade

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Justin Trudeau says “No government, politician, or man should tell a woman what she can and cannot do with her body” over Roe v. Wade

canada

Canada’s passport issuing agency suspended nearly 250 employees because of vaccine mandate, now faces unprecedented backlogs

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Canada’s passport issuing agency suspended nearly 250 employees because of vaccine mandate, now faces unprecedented backlogs

coal

Germany to restart coal-fired power plants and reduce domestic natural gas consumption 

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Germany to restart coal-fired power plants and reduce domestic natural gas consumption 

canada

Bank of Canada cautions that mortgage payments could increase by up to 45% for some borrowers by 2025

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Bank of Canada cautions that mortgage payments could increase by up to 45% for some borrowers by 2025

justin trudeau

Trudeau-appointed Governor General and entourage spend nearly $100,000 on in-flight catering 

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Trudeau-appointed Governor General and entourage spend nearly $100,000 on in-flight catering 

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