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Articles

The economic question at the heart of this election

1 month ago | subscriptions.cbc.ca | Peter Armstrong

Welcome to Mind Your Business !Consider this your weekly guide to understanding what’s happening in the worlds of economics, business and finance. By Peter Armstrong Liberal party leader Mark Carney departs Rideau Hall to speak to media after asking the Governor General to dissolve Parliament and call an election (Frank Gunn/Canadian Press) This Canadian election is about a lot of things. It’s about trade and tariffs and threats and sovereignty.
Trade, Trump and what to expect on tariffs

Jan 20, 2025 | subscriptions.cbc.ca | Peter Armstrong

Welcome to Mind Your Business !Consider this your weekly guide to understanding what’s happening in the worlds of economics, business and finance. By Peter Armstrong Rehearsals were under way all last week in front of the U.S. Capitol ahead of Donald Trump's inauguration. (Fabrizio Bensch/Reuters) I wish I had a better sense of how this week is going to go. I'm not alone. For months now, Canada (and the world) has been living under the threat of tariffs that would be a catastrophe.
How far will the Bank of Canada go?

Dec 8, 2024 | subscriptions.cbc.ca | Peter Armstrong

Monday, December 09, 2024 Welcome to Mind Your Business !Consider this your weekly guide to understanding what’s happening in the worlds of economics, business and finance. By Peter Armstrong Bank of Canada governor Tiff Macklem will announce his latest interest rate policy on Wednesday. (Sean Kilpatrick/The Canadian Press) The Bank of Canada has been pretty clear. It wants to bring interest rates down. The central bank's key lending rate is currently at 3.75 per cent.
Countdown to the Bank of Canada

Jun 2, 2024 | subscriptions.cbc.ca | Peter Armstrong

Welcome to Mind Your Business !Consider this your weekly guide to understanding what’s happening in the worlds of economics, business and finance. By Peter Armstrong Bank of Canada governor Tiff Macklem will decide whether to cut interest rates this week. (Justin Tang/Canadian Press) Here we go. On Wednesday, the Bank of Canada will make its latest interest rate policy announcement. Millions of Canadians are waiting with bated breath.
Holding our breath... inflation numbers are out on Tuesday

May 19, 2024 | subscriptions.cbc.ca | Peter Armstrong

Welcome to Mind Your Business !Consider this your weekly guide to understanding what’s happening in the worlds of economics, business and finance. By Peter Armstrong Inflation numbers out on Tuesday will shape the economy for months to come. (xtock/Shutterstock) It's been a while since a number carried this much consequence. Every month, we gather around our computers to pore over the latest jobs data, the latest GDP figures or the latest inflation signals.
The spring housing market heats up

May 12, 2024 | subscriptions.cbc.ca | Peter Armstrong

Welcome to Mind Your Business !Consider this your weekly guide to understanding what’s happening in the worlds of economics, business and finance. By Peter Armstrong Housing numbers this week should show a more balanced market. (Andrey_Popov/Shutterstock) Canada's notoriously unhinged housing market will come back into focus this week. Home sales numbers should give us a look at how hot the spring market has been thus far.
Consumer confidence is falling

May 5, 2024 | subscriptions.cbc.ca | Peter Armstrong

Welcome to Mind Your Business !Consider this your weekly guide to understanding what’s happening in the worlds of economics, business and finance. By Peter Armstrong Jobs numbers this week should cast a gloomy light on the economy. (Andrey_Popov/Shutterstock) How we feel about the economy matters more than a lot of us think.
It's our season finale! Undercover inside big banks

Mar 15, 2024 | subscriptions.cbc.ca | Jenny Cowley

This is your Marketplace Watchdog for Friday, March 15, 2024. By: Jenny Cowley Hidden cameras capture bank employees misleading customers and pushing products that help sales targets Michelle Jeraline says she's so stressed out by the pressure to sell customers products at TD Bank, it’s affected her health.
When will the Bank of Canada start cutting rates?

Dec 3, 2023 | subscriptions.cbc.ca | Peter Armstrong

Monday, December 04, 2023 Welcome to Mind Your Business !Consider this your weekly guide to understanding what’s happening in the worlds of economics, business and finance. By Peter Armstrong Bank of Canada governor Tiff Macklem. (Adrian Wyld/Canadian Press) The Bank of Canada will meet this week to set its key overnight lending rate. It is all but assured that the central bank will leave borrowing costs unchanged. But last week, interest rate swaps started to move.
The People vs. The Ticket Giant; the 'Hunger Games' of air travel

Dec 1, 2023 | subscriptions.cbc.ca | Jenny Cowley

When Dr. Anil Kapoor was diagnosed with stage four colon cancer in January his prognosis was positive, and his family was hopeful treatment would buy him several more years. But weeks later, the 58-year-old Burlington, Ont., resident was dead — killed not by the cancer, say doctors, but by the commonly prescribed cancer drug Fluorouracil (5-FU) that was supposed to help save his life. "It was honestly a cruel rollercoaster of emotions," Anil's son, Akshay Kapoor, told Go Public.