Mortages
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Indebted Canadians using ‘homes as ATMs,’ consumer agency warnsThe number of households that have taken a home equity line of credit (HELOC) on top of their mortgage has soared nearly 40 percent since 2011,CanadaJun 7, 2017
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Bank of Canada may cut rates, but major lenders likely won’t matchThe low Canadian dollar is putting pressure on the Bank of Canada to lower its key rate. But as John Hua reports, even if it does happen, don’t expect bargain-basement rates from the banks.EconomyJan 15, 2016
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