Cormac Mac Sweeney - Profile and Journalist Details
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Parliament Hill Bureau Chief, CIWW-AM (Ottawa, ON)
Ottawa
Beats
Crimes
Content
By Cormac Mac Sweeney Verified| CityNews Vancouver Verified Household debt, inflation, and housing prices are all raising concerns for Canada’s central bank. In its latest financial system review, the Bank of Canada says the risks created by this situation could amplify the downturn. BoC Governor Tiff Macklem says that’s especially true if there are job losses and home price corrections, noting many people who recently bought property at record prices have left themselves financially stretched.
By Cormac Mac Sweeney Verified| CityNews Toronto Verified As passengers at some of Canada’s largest airports continue to face delays and even flight cancellations, the federal government says it is adding resources to try to help ease the travel pain. The Canadian Air Transport Security Authority (CATSA) has hired over 850 new screening agents in recent weeks to help deal with delays and get passengers to their gates faster.
By Cormac Mac Sweeney Verified| CityNews Vancouver Verified Household debt, inflation, and housing prices are all raising concerns for Canada’s central bank. In its latest financial system review, the Bank of Canada says the risks created by this situation could amplify the downturn. BoC Governor Tiff Macklem says that’s especially true if there are job losses and home price corrections, noting many people who recently bought property at record prices have left themselves financially stretched.
Company Info
CIWW-AM (Ottawa, ON)
Toronto, Ontario, Canada
+1 416-935-7777