Kitchener-Waterloo home sales remain healthy in May
While the Kitchener-Waterloo real estate market remains strong, it is still lagging behind the historic 2017 market. Continue reading
Interest Rates
‘Companies are reluctant to invest’ as questions swirl around NAFTA, pipelines: Poloz
Bank of Canada Governor Stephen Poloz says hesitation around new investments in Canada is keeping him up at night. Continue reading
Bank of Canada keeps interest rate at 1.25% but likely to hike later this year
The next hike could come as soon as July, according to CIBC. Continue reading
Canadians scrambling to pay off debt as interest rates rise: poll
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
Interest rate hikes to hit Alberta harder than elsewhere: RBC
Alberta will be the province that is hardest hit by rising interest rates, an analysis done by RBC suggests. Continue reading
The deal hunter’s guide to getting the lowest mortgage rate
There are three ways to go about it, each with its pros and cons, say experts. Continue reading
BUSINESS REPORT: Higher U.S. interest rates has the loonie on the run
By Jon Hall
American inflation could put the loonie in a tough spot. Continue reading
Canada’s GDP up 0.4% in November – enough for a March interest rate hike?
Big bank economists appear uncertain about how the latest GDP reading will affect the Bank of Canada’s next decision on interest rates. Continue reading
Rising Ontario household debt expected to go higher by 2021: FAO
The average Ontario household owed nearly $154,000 in 2016 compared to $119,000 in 2010. Continue reading
BUSINESS REPORT: Housing affordability to get worse, not better
Tighter mortgage rules and rising interest rates mean a gloomy outlook for would-be homebuyers. Continue reading
