Lowering interest rate cap to 35% to cost jobs and GDP: Industry report

  • 📰 BNNBloomberg
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 50%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

A report commissioned by the Canadian Lenders Association estimates that lowering the maximum interest rate could lead to the loss of tens of thousands of jobs and billions of dollars in GDP.

Lowering interest rate cap to 35% to cost jobs and GDP: Industry reportThe Daily Chase: Sticky U.S. CPI pushes back rate cut expectationsThis B.C. farm can grow softball-sized peaches. This year they'll rely on vegetablesThe Daily Chase: Gold, bitcoin rally on eve of U.S.

inflation dataWith AI, workplace surveillance has 'skyrocketed' – leaving Canadian laws behindChina Urges US to Stop ‘Unreasonably Suppressing’ TikTokSunak’s Woes Prompt Ministers to Question Whether He Can Hang OnInept African Ports Miss Chance as Red Sea Attacks Reroute ShipsLula’s Debt Relief Program Struggles to Boost ConsumptionAustria Expels Two Russian Diplomats Suspected of Spy ActivityNo Labor Agreement, No Deal: US Steel Union Draws Line for Nippon MergerIndian Panel Calls for...

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 83. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Australia Australia Latest News, Australia Australia Headlines