Discounted bank stocks, CRA clawbacks and interest rate tightening: Must-read business and investing stories

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Plus, Porter Airlines cancels cross-country flights

– are set to become even more restrictive over the next year, even if the bank leaves its policy rate unchanged. Despite last year’s hikes, real monetary policy was historically lax. That’s changed as inflation cools, to the point that real rates are back to where they were prior to the pandemic and rising fast.

in early March. That is the highest level of occupancy since the pandemic started – a sign of the slow return to the office.Porter Airlines’ aggressive expansion with new routes and larger passenger jets is off to a bumpy start, as the Toronto-based airline.

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