Armchair Bank of Canada critics like Pierre Poilievre should stick to football

The Bank of Canada (BoC) has rarely been so criticized as it is today. The Bank of Canada sets the interest rates which determine the cost of borrowing. And it pumps money into a stalled economy to get it going again, or pulls money back to keep the economy from overheating. The bank is now … Read more

NT government insists $56 million spent on Project Sea Dragon roads will see a return on investment

The Northern Territory government insists taxpayer money hasn’t been wasted with a $56 million investment supporting a private project now deemed unviable. Key points: Project Sea Dragon was set to become Australia’s largest prawn farm, creating a predicted 1,000 ongoing jobs The NT government had invested $56 million on remote roads to support the project … Read more

LIVE: Federal Reserve Chair Powell tests on monetary policy before Senate committee — 3/3/22 – CNBC Television

LIVE: Federal Reserve Chair Powell tests on monetary policy before Senate committee — 3/3/22CNBC Television Fed Chair Powell notes ‘highly uncertain’ Ukraine impact, but says rate hikes are still comingCNBC Ukraine war impact on US economy ‘highly uncertain’: Fed chiefฺBangkok Post Powell Threads the Needle in Congress in a Swirl of UncertaintyBloomberg War in Ukraine … Read more