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Alberta and Ottawa discuss homelessness funding with more discussions expected in coming days Debt Guru

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Alberta and Ottawa discuss homelessness funding with more discussions expected in coming days Debt Guru

By Lisa Johnson The phone conversation comes after Housing Minister Sean Fraser said in a statement Tuesday that Alberta, Ontario and Saskatchewan have not formally responded to an offer of funding. Officials say during the call, Jason Nixon, Alberta’s Minister of Seniors and Community and Social Services, expressed his government’s continued willingness to partner with … Read more

With inflation below target, the BoC is expected to impose a very significant rate cut this week Debt Guru

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With inflation below target, the BoC is expected to impose a very significant rate cut this week Debt Guru

By Nojoud Al Mallées The central bank’s interest rate announcement Wednesday comes after Statistics Canada reported that the annual inflation rate fell to 1.6% in September, below the inflation target of 2 % of the Bank of Canada. Nathan Janzen, deputy chief economist at RBC, said the latest consumer price index report reinforced his expectations … Read more