The working scheme is going through some changes lately. Now, it’s too weird for Canadians to put about thirty years to working for a single company and then retire with a golden handshake. As we can see more companies unwilling to provide full-time work,...

Today we would like to bring to your attention interview with very well known housing expert and the deputy chief economist at CIBC World Markets, Benjamin Tal. Has the housing market exceeded your expectations recently?  Definitely. We’ve seen one of the most successful V-shaped recoveries. The...

Due to massive policy measures from the central bank and the federal government, Canada avoided financial system crash, although still a cautious approach is necessary, says the Bank of Canada Deputy Governor Toni Gravelle. According to him, there are only few signs of overwhelming financial strain,...

It’s quite possible that positive COVID-19 vaccine news from Pfizer and Moderna will mean the end of the pandemic in the nearest future. However, it may also lead to ending the period of historically low fixed mortgage rates. As you know, fixed mortgage rates depend...

Last month, Canada’s inflation reported an unexpected gain, driven partially by higher home ownership costs. According to Statistics Canada, annual inflation was up by 0.2% from September to 0.7% in October. Meanwhile, economists surveyed by Bloomberg predicted 0.4%. The report says an index of...