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As the BoC takes a pause from hiking rates, all eyes are on the labour market

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As the Bank of Canada takes a pause from raising interest rates to assess the effects of higher borrowing costs on the economy, economists will be paying close attention to how the labour market is affected.

The Bank of Canada hiked its key interest rate by a quarter of a percentage point Wednesday, bringing it to 4.5 per cent. Here's a look at what the rate means, how analysts are interpreting it and what it could mean for consumers.The federal government's latest TFSA contribution limit increase took effect as of January 1, 2023.

News.ca looks at some of the skills that will be most in-demand in 2023.

 

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Rate should have been 5%+ by now. This alone is not helping. The economic situation is worse this January. Governments need to take fast action.

Take a pause till next month LOL.

Dsddy trudeau is scared of the polls and demanded they dont doit....

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