All Economy stories

It’s getting more expensive to go to kids’ holiday recitals

If you have (or know any) children, you may have had the delight of attending at least one year-end recital this month. You may have also noticed that a night of watching them scamper in the spotlight has become pricier than ever

Central banks turn the page

Like many of us, the world’s central banks are ready for a re-brand in 2023: Out with the inflation-fighting and in with a more laid-back approach to rate hikes.  

Canadians are not feeling great about the economy

Feeling gloomy about the economy? You’re not alone. Exclusive polling data, shared with The Peak by Crestview Strategy, shows most Canadians think the economy is worsening.

The fast climb of Canadian debt

Seven interest rate hikes later, personal finances have seen better days.

Why holiday shopping just isn’t the same

All that retailers want for Christmas is for you to spend, spend, spend.

Another debt crisis looms

A dozen developing countries might spin into a debt crisis within the next year, spelling financial trouble for some of the world’s most vulnerable people, per The New York Times. 

Charities feel the sting of inflation

The holiday season has always been a time for opening our hearts and wallets to charity, but this year, more Canadians are cutting giving out of the budget as they try to conserve cash.  

Bank of Canada hints at pause on rate hikes

We’ve come a long way since the 8.1% inflation rate seen in June (a near four-decade high), but if you ask the Bank of Canada (BoC), the economy still has some way to go. 

A historic inverted yield curve

Folks, Canada’s got a serious case of the ol’ “inverted yield curve.”

Gen Zs embrace frugal dating

 Financial responsibility is becoming more attractive these days, as dating cheaply becomes the latest dating trend.