Etiket: hike
A decline in inflation in May would not prevent a rate hike next month
Most forecasters expect the Bank of Canada to go ahead with another interest rate hike in July, although they expect annual inflation to slow considerably. Statistics Canada is due to…
A decline in inflation would not prevent a rate hike next month
(Ottawa) Most forecasters expect the Bank of Canada to go ahead with another interest rate hike in July, even as they expect annual inflation to slow considerably. Posted at 2:45…
Euro area | New rate hike for the ECB in the face of “too high” inflation
(Frankfurt) The European Central Bank (ECB) announced Thursday a new increase in its interest rates, the eighth in less than a year, in its fight against inflation which should remain…
Poilievre points finger at Trudeau for new rate hike
The Conservative leader, Pierre Poilievre, deplored the new 25 basis point increase in the key rate by the Bank of Canada, an increase for which he attributes responsibility to the…
The Bank of Canada should not fear a wage hike
The Bank of Canada’s fears of a wage-inflation spiral are overblown, a study finds. Salaries should be adjusted to reflect the latest cost of living surge without further delay. On…
Salary hike for elected officials to apply in 2026, says QS
Québec solidaire wants to amend the salary increase for elected officials so that it applies only in 2026, after the next election. • Read also: National Assembly: it will cost…
Hydro-Québec rate hike starting Saturday
Hydro-Québec reminds its subscribers that the annual indexation of its electricity rates will come into effect this Saturday. The state corporation has calculated that for residential customers, the monthly impact…
Hike at the foot of the giants of the Alps
The Mont Blanc. The Matterhorn. The Eiger. These are legendary peaks that inspire mountaineers, both novices and professionals. But they are also at the heart of networks of particularly enticing…
One-time GST rebate hike to be extended in Canada’s 2023 budget
Tuesday’s federal budget will extend the temporary increase in the GST rebate for low-income Canadians, presenting the one-time measure as support in the face of rising food prices, The Canadian…
Restaurants and bars will see the biggest alcohol tax hike in 40 years
Canada’s restaurant industry is bracing for the country’s biggest alcohol excise tax hike in more than 40 years, prompting it to issue warnings that the tax hike could lead to…
Central banks hike rates, despite banking turmoil
(London) The fight against “inflationary pressures” has taken over from the shocks in the banking sector: the Bank of England (BoE) also raised its key rate on Thursday, imitating the…
Taiwan alarmed by China’s defense budget hike
Taiwan Defense Minister Chiu Kuo-cheng said on Monday that China’s announced defense budget increase for 2023 meant that Beijing was “preparing to use force if necessary” to reclaim the island.…
Fed official would back rate hike above 5.4%
(Washington) An official of the American central bank (Fed) indicated Thursday that he would support an increase in the key rate to beyond 5.4% in the coming months, if inflation…
Fed official ‘open’ to 0.5% rate hike in March
(Washington) An official of the Fed, the American Central Bank, said on Wednesday that it was open, for the next meeting, to a rise in the key rate greater than…
United States | A few Fed officials favored a bigger hike in February
(Washington) The majority of US central bank (Fed) officials were supportive on 1er February, to a quarter-point rate hike, which was decided, but some would have preferred a higher rise,…
If inflation remains too high | The Bank of Canada is open to another rate hike
(Ottawa) The Bank of Canada has the firm intention of bringing the inflation rate back to the 2% target within the next 12 months. If the horse medicine that has…
Canadian musicians worried about US visa hike
A tour of the United States could become out of reach for many Canadian musicians, due to a possible increase in visa fees for international artists. Posted yesterday at 9:35…
[Opinion] The dead end of a deadly hike | The duty
I am, like everyone else, deeply worried about the conflict in Ukraine, which will soon enter its second year. However, these days, contrary to the ambient current which seems to…
Another rate hike, with a recession in sight in Quebec
Expect another turn of the screw from banking institutions. Interest rates on mortgages, personal loans, business loans will go up further. The Bank of Canada (BoC) raised its key rate…
Merchant Budget: The heaviest tax hike in 15 years, but it could have been worse
Single-family homeowners in Quebec will face a tax hike of about $75 in 2023, the steepest in 15 years. However, it could have been much worse, argues the City, which…