Canada’s economy shows signs of weakness, Enbridge hikes gas prices again & Why was Liz Truss’s tenure so short?

The Bill Kelly Show Podcast:
Finance Minister Chrystia Freeland issued a warning to Canadians Wednesday — the coming months won't be pretty as rising interest rates slow a once red-hot economy and force some people out of their jobs.
The Bank of Canada's recent rate hikes to tame sky-high inflation will increase borrowing costs for businesses and consumers alike, which will send shockwaves throughout the economy, Freeland said.
GUEST: Marvin Ryder, Professor with the DeGroote School of Business at McMaster University
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If you think you’re shivering now, just wait until the shock of your next heating bill sets in.
Enbridge Gas Inc., which serves approximately 75 per cent of Ontario residents, adjusts its prices every three months, and on Oct. 1, a new rate increase kicked in after the Ontario Energy Board approved a hike of five to 10 per cent. That comes on top of a rate hike in July of between 18 to 23 per cent. Some households will be paying $500 more than last year. Commodity prices are double what they were this time last year.
GUEST: Armine Yalnizyan, Economist and Atkinson Fellow on the Future of Workers
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British Prime Minister Liz Truss took office last month with hopes and promises of reinvigorating the British economy and putting it on the path to long-term success.
It didn’t go to plan.
Instead, Truss’ tenure was scarred by turmoil as her economic policies threatened the country’s financial stability, driving the pound to record lows, sparking chaos on bond markets and increasing mortgage costs for millions of people.
Why was her tenure so short, and what happens now?
GUEST: Peter McNally, Professor Emeritus with School of Information and the Director of History with the McGill Project at McGill University, McGill’s “Royal Watcher” 

The Bill Kelly Show Podcast:

Finance Minister Chrystia Freeland issued a warning to Canadians Wednesday — the coming months won't be pretty as rising interest rates slow a once red-hot economy and force some people out of their jobs.

The Bank of Canada's recent rate hikes to tame sky-high inflation will increase borrowing costs for businesses and consumers alike, which will send shockwaves throughout the economy, Freeland said.

GUEST: Marvin Ryder, Professor with the DeGroote School of Business at McMaster University

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If you think you’re shivering now, just wait until the shock of your next heating bill sets in.

Enbridge Gas Inc., which serves approximately 75 per cent of Ontario residents, adjusts its prices every three months, and on Oct. 1, a new rate increase kicked in after the Ontario Energy Board approved a hike of five to 10 per cent. That comes on top of a rate hike in July of between 18 to 23 per cent. Some households will be paying $500 more than last year. Commodity prices are double what they were this time last year.

GUEST: Armine Yalnizyan, Economist and Atkinson Fellow on the Future of Workers

-

British Prime Minister Liz Truss took office last month with hopes and promises of reinvigorating the British economy and putting it on the path to long-term success.

It didn’t go to plan.

Instead, Truss’ tenure was scarred by turmoil as her economic policies threatened the country’s financial stability, driving the pound to record lows, sparking chaos on bond markets and increasing mortgage costs for millions of people.

Why was her tenure so short, and what happens now?

GUEST: Peter McNally, Professor Emeritus with School of Information and the Director of History with the McGill Project at McGill University, McGill’s “Royal Watcher”