5 things to know about CTVNews.ca for Friday, October 14, 2022: Emergencies Act investigation, recession, rental market

Early arguments in the Emergencies Act survey, Royal Bank of Canada economists forecast a recession in early 2023, and the average rent in Canada is over $2,000 a month. Here’s what you need to know to start your day.

1. Key arguments: Public hearings on the federal government’s use of the Emergencies Act last winter are underway. From federal officials to lawyers for the organizers of the « Freedom Convoy » protest, here are the key arguments from the first day.

2. New details: Footage has emerged showing Chris Doncaster, the suspected shooter in the deaths of two Ont. police officers, wearing a Canadian Armed Forces uniform.

3. Projection of the recession: Royal Bank of Canada economists expect the country to enter a recession in the first quarter of 2023.

4. Rental market: According to a new report, listing prices for rental properties saw a 15.4% annual increase in September 2022, reaching an average of $2,043.

5. Bankruptcy: JPMorgan Chase and rapper formerly known as Kanye West are cutting ties, but the reason why might not be what you think.

One more thing…

Money Myths: Can money buy happiness? An expert breaks down common « money myths. »

Canadian $20 bills are pictured in Toronto, September 9, 2022. THE CANADIAN PRESS/Staff