interest rates
Canada and New Zealand both have hot housing markets, but only 1 has plan to cool things down
The idea that Canadian residential real estate prices are rising at an unsustainable pace is no longer just a subject for Twitter rants...
Payday lender lines of credit and instalment loans at 47% create debt traps, critics say
Patricia Edwards of Toronto wanted to help her two adult daughters when they fell behind on bill payments at the rented townhouse they share. ...
More signals of a Roaring ’20s rebound for Canadian economy when pandemic ends
Gloomy headlines about the collapse of the Canadian economy, which faced its worst retreat since records began, may have obscured some startling new...
There’s good economic news on the horizon, and that’s rattling markets. Wait, what?
The first signs that the world is winning the battle with COVID-19 has sparked great news for the global economy as the number...
Fears of a market bubble are growing as stocks trade like bitcoin
As if following the latest COVID-19 news while trying to work from a household full of children wasn’t enough, now the financial press...
Where the lopsided economic impact of COVID-19 in Canada goes from here
All economic downturns are unfair. Some people inevitably get hit harder than others. But almost a year into the COVID-19 catastrophe, the data...
Little fear of rate hikes despite expected economic surge: Bank of Canada
What a difference a day makes in the outlook for the Canadian economy. Earlier this week, some economists were predicting that the Bank...
The trillion-dollar question is how federal spending will position the economy for post-pandemic success
This column is an opinion by Robert Asselin, senior vice-president of policy at the Business Council of Canada, where he leads the development of strategies...
COVID-19 has made reading next year’s real estate market harder than ever
Canadians are about to get an update on the state of the housing market and the latest resurgence of COVID-19 has only added...
Mortgage rates hit a new low, with Canadian bank posting below 1%
HSBC has come out with a variable rate mortgage at 0.99 per cent, which industry watchers believe is the first such posted offer below...
Canada’s economy bounced back at record 40% pace in third quarter — but GDP still below pre-COVID level
Statistics Canada said Tuesday the economy grew at a record annualized pace of 40.5 per cent in the third quarter as businesses came out...
A surge in bitcoin in the COVID-19 era outshines gold, but can it last?
A return of bitcoin to its stratospheric highs has top financial experts scratching their heads and cryptocurrency boosters saying I told you so....
Saskatchewan staved off bankruptcy in the ’90s. Is there hope for N.L., too?
Roy Romanow says he still loses sleep over decisions he made 27 years ago. The former NDP premier of Saskatchewan came to power amid...
How long can interest rates stay low once a vaccine arrives?
Jubilation over the good news about a vaccine has taken markets by storm. Shortly after the news broke on Monday that the U.S....
Keep calm and borrow on: Chrystia Freeland and the new logic of deficits in a pandemic
During her remarks on how the pandemic is shifting Liberal fiscal policy Wednesday, Finance Minister Chrystia Freeland acknowledged that her words might sound scary to some Canadians — particularly those...
Watching Friday’s jobs data for the dreaded K-shaped recovery
“We’re all in this together” has a friendly reassuring tone. Used by Prime Minister Justin Trudeau, Ontario Premier Doug Ford and many others,...
