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Taking Stock with Amanda Lang

News:Politics

Home prices will decline as rates rise

2022-07-15

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Bank of Canada shocks with 1% rate hike; Home prices continue to drop but are still up year over year; Roger's will have to win back customer trust after major outage; Provinces would like the Federal share of health care costs to rise; Ontario expands the availability of a second booster shot as we face the prospect of another serious wave of Covid; Twitter sues Elon Musk over failed takeover bid

Most of the jobs created since the pandemic in Canada have been government jobs.

Home prices will decline as rates rise, but CMHC says not as much as you might think.