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When we launched our new site, we removed some of our older content. If you can’t find what you’re looking for, you may also want to search our old web site archive.

When we launched our new site, we removed some of our older content. If you can’t find what you’re looking for, you may also want to search our old web site archive.

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Economy at work

Home ownership affordability

High interest rates are making it harder to afford a home. In July 2023, the Bank of Canada increased its interest rate to 5%. This is the highest it’s been since 2001. The bank is raising rates to fight inflation. The idea is that since higher interest rates make loans more expensive, people will spend less and businesses will make fewer investments, creating fewer jobs. Less spending in turn is supposed to help slow down rising prices.
National Secretary-Treasurer's Reports

National Secretary-Treasurer's Report - September 2023

Excitement is building up in anticipation of our 31st National Convention in October. The last quarter has therefore largely been focused on preparing to welcome CUPE delegates to beautiful Quebec City on October 23 to 27. As this will be our first in-person convention since 2019, we are preparing for a dynamic event that will showcase the incredible work that has been done over the last two years, gather delegates’ inputs in developing our orientations for the next two years, and celebrate CUPE’s 60th anniversary.