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This week, FP Video looks at the effect the war in Iran is having not just on the Bank of Canada’s interest rate decisions, but also on rising mortgage rates, airfares, the Canadian housing market and the price at the pump.
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Fares soar as airlines ‘take advantage’ of oil shock
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John Gradek, expert on supply networks at McGill University, talks with Financial Post’s Larysa Harapyn about the impact of the Middle East conflict on fuel prices and airline travel.
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Bank of Canada would lean to rate cuts if not for the war
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Benjamin Tal, deputy chief economist of CIBC World Markets, talks to Financial Post’s Larysa Harapyn about the Bank of Canada’s latest interest rate decision and what’s next for inflation and trade talks.
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Mortgage rates already rising on Iran war
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Shaun Cathcart, senior economist at the Canadian Real Estate Association, talks about the national housing market and how inflation and the Iran conflict is affecting mortgage rates.
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Why some gas stations cost more than others
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Why can one gas station be more expensive than another just down the road? We break down the reasons behind price gaps, from timing and competition to profit margins, to help explain why those numbers on the sign can be different from the one around the corner.
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English (US)