Jingle mail, the act of defaulting on your mortgage and mailing your keys back to the bank, is a growing issue in Alberta, as low oil prices lead to economic downturn. Read on for the full story.
Is there change to come for Canada’s inflation target? As the economy faces a slow recovery, the Bank of Canada is considering tweaking pricing for consumer goods in order to meet its benchmark.
Are we in for a recession reversal? The latest numbers show good news for Canada’s economy. But what does that mean for you? Find out, and read the rest of this week’s headlines!
Is this “technical” recession behind us? The latest data from Statistics Canada show the economy enjoyed some growth during the third quarter, reversing the doom and gloom trend reported previously this year. What does this mean for consumers, spending and interest rates? Read on to find out.
Like the Bank of Canada, the U.S. Federal Reserve controls American interest rates in order to stimulate the economy. They didn’t make a move to change rates in their latest announcement, but markets are still reacting. Here’s why – and how it could affect your Canadian cost of borrowing.
We’ve all heard the tongue-in-cheek jingle: back-to-school is the “most wonderful time of the year”. But for many Canadian families, it’s a spending season that rivals Christmas.
The latest GDP numbers are in and they’ve confirmed there is officially a recession in Canada. What should consumers and taxpayers know? Read on to learn more.
It’s been quite a year for interest rates, and recent economic turmoil and dropping oil prices lead many to believe the Bank of Canada will cut rates again in September. However, one big bank holds a more optimistic view, believing rates will see an uptick next year. Get the full story.
A September U.S. rate hike is looking more likely, as the American economy continues to improve. However, such a move would lower the loonie even further. Here’s what Canadians need to know.
Canadians can expect a lower loonie as recent rate cuts and recession reports make their mark. What should shoppers, travellers and investors know?