The Bank of Canada provided a closer look Wednesday at just how much stricter mortgage rules and higher interest rates have helped slow the entry of new households into the category of “deeply indebted borrowers.” Continue reading
The Saskatoon & Region Home Builders’ Association said PST on construction and interest rates are two factors affecting the new housing market. Continue reading
The City of Kingston is taking steps to limit the number and location of payday loan businesses and to educate consumers about the potential downside of taking short-term, high interest loans. Continue reading
Carolyn Wilkins acknowledged it’s difficult for the central bank to estimate the “highly uncertain” economic fallout from tit-for-tat tariffs between Canada and the U.S., and the resulting blow to business confidence. Continue reading
While the Kitchener-Waterloo real estate market remains strong, it is still lagging behind the historic 2017 market. Continue reading
Bank of Canada Governor Stephen Poloz says hesitation around new investments in Canada is keeping him up at night. Continue reading
The next hike could come as soon as July, according to CIBC. Continue reading
A growing number of Canadians are worried rising interest rates could impact their ability to repay their debts, according to a new poll. Continue reading
Alberta will be the province that is hardest hit by rising interest rates, an analysis done by RBC suggests. Continue reading
There are three ways to go about it, each with its pros and cons, say experts. Continue reading
