Supply Chain Concerns For Food Depot Alimentaire
Rising food, rent and gas prices are forcing New Brunswickers to find other ways of feeding their families.
Inflation
Say Goodbye To The East Coast Discount, Or Say Goodbye To Your Talented Employees
People have long believed they could give and take less in Atlantic Canada because it was more affordable to live here. That perception is quickly eroding.
Atlantic Canadian Credit Card Debt Growing With Inflation
In the face of sky-high inflation, Atlantic Canadians are taking on more credit card debt. According to a new study from Equifax Canada, consumers in the four provinces are carrying an average of $1,651 in credit card debt-up nearly nice per cent from last year.
Bank Of Canada Hikes Key Interest Rate to 1.5 Percent
The Bank of Canada has once again hiked its key interest rate. On June 1, the bank raised its overnight interest rate by 50 basis points, to 1.5 percent.
‘I’m Almost Better Off Carrying A Vacant Unit’: Landlords Worried About Rising Costs
Kevin Russell, the executive director of IPOANS, says he is receiving more phone calls lately from smaller landlords who own a handful of units and are planning to sell.
‘A Little More In Loblaw’ Doesn’t Cut It Anymore
Derek Montague says we need a cap on the prices of essential goods like healthy food with the gap between rich and poor widening with inflation.
N.B. Farmers Worry About Costly Season Ahead
Farmers are concerned about this growing season due to the rising cost of nearly everything.
Younger Canadians More Anxious Than Ever About Personal Finance
For many younger Canadians, 2022 has been an introduction to an old foe their parents and grandparents knew very well: Inflation
Inflation Hits 31-Year High
Canada’s inflation rate reached a new, 31-year high of 6.7 percent in March. That is a full percentage point higher than the 5.7 percent gain we saw in February.
Bank Of Canada Hikes Benchmark Interest Rate To One Percent
Bank of Canada governor Tiff Macklem suggests that by raising the key interest rate, the inflation rate should start to go down.
