Canada lost 68,000 jobs in September—and the Bank of Canada just raised interest rates. Why are borrowing costs rising while the job market weakens, and what does it mean for your money?
In the November economic update, Darren and Christina break down Canadian inflation, the Canadian dollar, mortgage rates, housing affordability, and the gap between economic headlines and household finances.
They explain why falling home prices don't automatically mean lower mortgage payments, how exchange rates affect everyday costs and U.S. investments, and why access to cash matters in an uncertain economy.