Etiket: rate
A rise in the key rate that hurts many homeowners
It is the return of the pendulum. Acquisitions concluded at the price of a higher bid and a minimal interest rate during the pandemic are catching up with the new…
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…
The Bank of Canada’s key rate drops to 4.25%
The Bank of Canada on Wednesday raised its key interest rate by 50 basis points to 4.25% – its highest level since 2008 – and signaled a possible pause in…
High ER occupancy rate | “It’s hard to see the light at the end of the tunnel”
The concerns of the national director of public health, the Dr Luc Boileau, are already materializing: the traffic rate in Quebec’s emergency rooms has averaged 127% in the last week.…
Absenteeism rate of 20 to 30% among Montreal police officers
Between 20 and 30% of Montreal police officers are absent from their post due to sick leave or injury, one of the reasons why overtime is still so frequent within…
An absenteeism rate of 20 to 30% among SPVM police officers
The overtime that swells the budget of the Service de police de la Ville de Montréal (SPVM) each year is inevitable and is partly attributable to the high rate of…
Why increase the Bank of Canada’s base rate further?
This text is taken from the Courrier de l’économie of December 5, 2022. To subscribe, click here. According to Statistics Canada, the consumer price index for all of Canada rose…
The unemployment rate at a record low of 3.8% in November in Quebec
Employment was little changed in November in Canada and the unemployment rate fell 0.1 percentage point to 5.1%. According to Statistics Canada, employment rose by 10,000 across the country and…
The unemployment rate at a record low in Quebec
28,000 jobs were created in Quebec in November, and the unemployment rate fell to a record low of 3.8%. Posted at 8:38 Updated at 8:40 a.m. The rise in jobs…
The Fed could slow rate hikes
Fed interest rates are now expected to rise more slowly, but the fight against inflation is far from over, according to the central bank boss, who also hinted that a…
“I don’t speak French”: staggering failure rate of doctors on the OQLF French exam
More than 40% of doctors registered for the mandatory examination of the Quebec Office of the French language sank it last year, more than the provincial average. Only 58% of…
[Analyse] The interest rate shock is just beginning
Heavily indebted Canadians are particularly vulnerable to the current rise in interest rates. Ironically, the shock of the economic slowdown (already underway) will be even harder if they adapt to…
Effect of rate hikes will be stronger than people realize, Poloz believes
The full effect of interest rate hikes has yet to be felt — and it will be “even more powerful” than many expect, former Bank of Canada Governor Stephen Poloz…
Rate hikes | The effect will be stronger than people realize, says Stephen Poloz
(Ottawa) Former Bank of Canada Governor Stephen Poloz says the effect of interest rate hikes will be bigger than most people realize. Posted at 11:58 a.m. Speaking at a conference…
Fed majority in favor of slowing rate hikes “soon”
(Washington) A majority of members of the U.S. Federal Reserve’s (Fed) Monetary Committee think a slowdown in rate hikes will be “soon appropriate”, according to the minutes of the Fed’s…
Bank of Canada | Difficult rate hikes for some new owners
(OTTAWA) Interest rate hikes will be more painful for new homeowners who bought their homes through variable-rate mortgages, Bank of Canada Deputy Governor Carolyn Rogers noted Tuesday. Posted at 1:03…
Bank of Canada | Some new owners find rate hikes difficult
(OTTAWA) Interest rate hikes will be more painful for new homeowners who bought their homes through variable-rate mortgages, Bank of Canada Deputy Governor Carolyn Rogers noted Tuesday. Posted at 1:03…
the government will index the compensation to the unemployment rate
Unemployment insurance reform: the government will index the compensation to the unemployment rate Access to accessibility menu source site
The hourly rate of Quebec women is 91% of that of their male colleagues
Quebec women earned on average 91% of the average hourly earnings of their male colleagues in 2021, according to data released on Monday by the Institut de la statistique du…
Quebec | The hourly rate for women is 91% of that for men
(Montreal) Quebec women earned on average 91% of the average hourly earnings of their male colleagues in 2021, according to data released on Monday by the Institut de la statistique…