Industry

Bank of Canada raises key interest rate by 0.75%, says rates likely need to go higher

OTTAWA – The Bank of Canada raised its key interest rate by three-quarters of a percentage point Wednesday and signalled this won’t be the last increase as it continues its battle against high inflation. The rate hike was in line with what many economists were expecting and brings the bank’s key rate target to 3.25 […]

By Jason Contant | September 7, 2022

2 min read

Layoff anxiety: Are your P&C professionals affected?

Layoff anxiety can become a self-fulfilling prophecy, Wilding wrote in the blog published in Harvard Business Review.

By Jason Contant | September 6, 2022

4 min read

Crews keep close watch on one B.C. wildfire, as another delays school in northeast

The blaze has had the potential to grow aggressively since it spread into Canada last week from Washington state.

By Jason Contant | September 6, 2022

1 min read

Bank of Canada expected to raise interest rate for fifth time at pivotal moment for economy

OTTAWA – Inflation appears to have peaked but it’s still running hot and a supersized rate hike from the Bank of Canada next week is widely expected. Some economists think Wednesday’s hike could be the last for a while. “We think that by the time October comes around, we might be in a good enough […]

By Jason Contant | September 2, 2022

4 min read