Clients who recently bought with variable rate mortgages could face significant monthly bill hikes
However, businesses' longer-term expectations for inflation remain stable between 2% and 3%
Those who owe more than 65% of the loan value will have to pay a portion toward the loan principal
The agency released its first report on Canada's overall tax gap
Payroll stats returned to or exceeded level of February 2020
Statistics Canada also says early estimate for retail sales in May suggests a gain of 1.6% for the month
The finance minister highlighted the feds' planned spending of nearly $9 billion in support this year
Incomes grew faster than debt in the first quarter
A Manulife survey also found that two-thirds of Canadians don't view homeownership as affordable
‘The Canadian economy is operating beyond full employment,’ TD economist says