Can fiscal policy help the economy? Economists expect the Liberal government to step up with increased spending – but will it be enough? Read on for our breakdown.
There has been no change from the Bank of Canada in today’s announcement, despite a lagging economy and weak loonie. How will consumers be affected? Read on to find out.
Banks are starting to follow new rate trends, according to our expert Mortgage Rate Outlook Panel. How will this affect pricing for fixed and variable mortgage rates this month? Read on for our expert January forecast.
RBC has announced it is hiking rates for fixed and variable mortgages, to go into effect this Friday. How will consumers be impacted? And why are rates rising now, when they should be technically lower?
It’s been a busy year for the mortgage market. Check out the top mortgage moments of 2015 – and how they impacted consumers – in this handy infographic.
Bank of Canada Governor Stephen Poloz recently stated that negative interest rates could be a possibility in bad economic times. How does this monetary policy work? And how would consumers and borrowers be affected?
The U.S. Federal Reserve liftoff has arrived, announcing a quarter of a percentage hike to between 0.25 – 0.5%. What does this mean for Canadians and our cost of borrowing? Read on to find out.
There are new debt warnings from the Bank of Canada, as the level of highly indebted households have doubled since the financial crisis. Are you at risk? Read on for our breakdown.
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.
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.