Tighter financial conditions pose growing threat to non-banks that may spread throughout financial sector
But Canadians continue to pay substantially higher prices for groceries
The central bank raised its key lending rate to 5% on Wednesday
Bank says rate hike to 5% was prompted by elevated demand, driven by strong consumer spending
Expectations of higher borrowing rates are having a knock-on effect across lending markets
A growing population has boosted spending and the housing market but could help tame wage inflation, reports say
Many economists described the message from the June meeting as a blurry one
Prices rise in Germany and fall in Spain
European Commission proposes legal framework, ECB to have final call on digital currency
Waning globalization complicates BoC's inflation challenge, TD report says