Bank of Canada Hikes Interest Rates

Last Wednesday, The Bank of Canada raised its benchmark interest rate to 1.25 percent, the third interest rate hike over the past year, and the highest level since the global financial crisis in 2008. According to the official press statement released by Bank of Canada, “the economy is operating roughly at capacity, with inflation being […]

As Temperatures Drop, Shelters Are On The Rise.

Frigid temperatures started off the new year as Toronto got hit with the ‘weather bomb’ that swept through from the east coast and knocked out power to thousands. Temperatures reached negative double digits which sent Toronto scrambling to find emergency shelters for the homeless. As we enter the peak season for shelter occupancy, questions arise […]