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Lowering interest rate cap to 35% to cost jobs and GDP: Industry report

TORONTO — A report commissioned by the Canadian Lenders Association (CLA) estimates that lowering the maximum interest rate could lead to the loss of tens of thousands of jobs and billions of dollars in GDP. The Ernst & Young LLP report co

By: financialpost.com

Mar 12 2024
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TORONTO -- A report commissioned by the Canadian Lenders Association (CLA) estimates that lowering the maximum interest rate could lead to the loss of tens of thousands of jobs and billions of dollars in GDP. Read More

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US jobs report for April will likely point to a slower but still-strong pace of hiring