February 29, 2024
Posthaste: Bank of Canada a lot closer to inflation target — and rate cuts — than it thinks, strategist says
The Bank of Canada said in its January Monetary Policy Report that it doesn’t expect the consumer price index to come close to its two per cent target until 2025.
RELEVANT NEWS
B.C.’s minimum wage is going up on June 1
The general minimum wage will rise from $16.75 an hour to $17.40, which is an increase of 3.9 per cent, the province’s Ministry of Labour said.
Peaking interest rates, economic resilience have investors planning to put more money to work in 2024
After the slowest year on record for the Canadian private equity market, peaking interest rates and economic resilience have many investors in the space planning to put more money to work in 2024.
BoC could be more aggressive than expected with rate cuts: strategist
One investment strategist says the Bank of Canada may be more aggressive with interest rate cuts than what many market participants are expecting.
What to expect from next week’s Bank of Canada interest rate announcement
In a recent report, Oxford Economics researchers said they believe the 5% key rate will be held until the middle of 2024, when the BoC will trigger a cycle that lowers the rate.
THE CFA NEEDS YOUR SUPPORT!
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Thank You to Our Advocacy Champions
CFA’S ADVOCACY PRIORITIES FOR 2022-2023
- Access to Labour for Franchisors and Franchisees
- Access to Capital
- Common Employer: Adopt the 4 Factor Test
- Burdens of Small Business:
- Ensuring a Fair Playing Field for Franchised Business under Environmental Legislation
- Educating Public Officials About Franchising
Burdens of Small Business: Employment Standards Act
The CFA calls on government to reduce red tape and regulatory burden for small business owners, like franchisees, by streamlining and simplifying the Act and information on its regulatory requirements.
CFA ADVOCACY ACCOMPLISHMENTS
The CFA is dedicated to guaranteeing that policymakers nationwide recognize the significant role played by the franchise business model in Canada’s economy and its impact on the livelihoods of nearly two million Canadians employed in franchising.
Learn more about our recent advocacy accomplishments here:
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