Search


	Podcast:		Roy Green Show
	Episode:		Sept18: Prof. Eric Kam, has food inflation peaked?
	Category:		News & Politics
	Duration:		00:16:32
	Publish Date:		2022-09-18 21:00:00
	Description:		The Canadian economy. Inflation (has food inflation peaked?). - BoC interest rate hike and the Bank of Canada is losing money for the first time ever on rising rates: "we expect the Bank's net interest income to be negative when our 3rd quarter results are published on November 29." Impact of Canada's central bank losing profitability? - What next as far as interest rates are concerned? - another 75 basis points interest rate hike this month from the BoC means what to homeowners and consumers? - Ottawa will spend several billion to help low income Canadians. 6 month sales tax rebate will cost $2.5 billion and assistance for low income renters will cost about $700 million. Impact of this government spending? Government insists it won't fuel inflation. - Impact of falling housing prices? and more as 2022 begins to wrap up.- How might an energy crisis in Europe this winter affect Canada? Guest: Professor Eric Kam. Professor of macroeconomics, Toronto Metropolitan University. Learn more about your ad choices. Visit megaphone.fm/adchoices
	Total Play:		0