“We have always understood that restoring price stability while achieving a relatively modest increase in unemployment and a soft landing would be very challenging,” Powell said. The latest rate hike comes just weeks before the midterm elections, and while the central bank has generally maintained political support for the moves, […]
economy 365 vision ias 2022
Liberals begin 3-day cabinet retreat focused on cost of living, economy
The Liberal cabinet began three days of meetings in Vancouver today to hash out the government’s fall playbook, with the rising cost of living and the state of the economy topping the agenda as Parliament prepares for the return of MPs. “Our focus this week, as we kick off what will be a busy and important […]
Provincial surplus projected at $100 million more than expected
The Higgs government is awash in cash, with a surging economy and a growing provincial population fuelling a projected $135.5 million budget surplus in the current fiscal year. That’s $100 million more than Finance Minister Ernie Steeves projected in his budget in March, thanks to revenues from personal income taxes […]