6/28/2022 | Posted in Interest Rates by Russell Pearsall
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Inflation in Canada grew at a pace not seen since 1983, further increasing the likelihood of an “oversized” rate hike of 75 basis points at the Bank of ... More

6/14/2022 | Posted in Canadian Economy and Interest Rates by Russell Pearsall
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The likely deceleration of the housing market would be a welcome effect, Macklem says
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4/26/2022 | Posted in Real Estate News by Russell Pearsall
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Canadian household budgets are being squeezed tight but buying a home remains on the wish list
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4/21/2020 | Posted in Canadian Economy and Housing Market by Russell Pearsall
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Rising unemployment and high debt is expected to boost mortgage loan delinquencies in Canada, though experts say it won’t play out like the U.S. subprime mortgage crisis ... More

12/16/2019 | Posted in Financial Health by Russell Pearsall
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Canadians' borrowing habits are back to where they were before policymakers cooled off the housing market. Lower interest rates are convincing some to borrow more.
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12/3/2019 | Posted in Canada Living by Russell Pearsall
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Contribution room accumulates beginning in the year in which a person turns 18
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10/30/2019 | Posted in Interest Rates by Russell Pearsall
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The Bank of Canada (BoC) announced today that it would keep the overnight rate at 1.75%.
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9/19/2019 | Posted in Canadian Economy and Housing Market by Russell Pearsall
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The average Canadian household was worth less in 2018 than in the previous year.
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