The Bank of Canada hikes 50bp and warns of more to come

Consumers remain the main source of growth

Inflation continues to rise and broaden

First house price decline since April 2020 as interest rates increase

Insolvencies remain low but are bottoming out

A slower pace of job gains

Strong economic momentum going into the rate hikes

Retail sales edge higher in February thanks to inflation

The great consumer squeeze

Inflation is at its highest since 1983