May inflation is another reason for the central bank not to raise rates Last month, Canadian consumers could feel a hit from higher prices as inflation was up to 2.4% from a year ago, with food prices driving the gain. Statistics Canada’s consumer price index shows...

New details on CMHC program helping first time buyers Today, the government released more details of a program, under which Canada's housing agency will provide up to 10% of the home price to first-time buyers. The initiative will take effect in September, and first-time homebuyers with an...

Millennials would have to double their incomes to afford real estate in Canada The recent research shows that average real estate prices are still out of reach for younger Canadians. According to Generation Squeeze, Canadians between the ages of 25 and 34 keep increasing a large...

Canadians may feel more pain from the next recession than Americans The latest shift in the yield curve led to more discussions about a possible North American recession and caused questions about how it could influence households. Although no one can predict for sure when it...