Canadians are quite pessimistic about finances and economy in 2019 It turns out many Canadians aren’t very optimistic about their financial state and the national economy for this year. The recent poll by Ipsos shows that Canadians are more pessimistic about these issues than during the previous...

What kind of investment should you choose: housing or stocks? Many Canadians believe that housing is the best kind of investment. Stricter mortgage rules and new provincial policies made some of them review this idea. But, although Canada’s hottest real estate markets cooled last year, the influence...

The Bank of Canada decided to keep its benchmark interest rate unchanged On Wednesday, the central bank kept its key lending rate unchanged at 1.75%, even despite several economic difficulties. As you know, the Bank of Canada has raised the rate five times since the summer...

Stress tests in Toronto are hitting renters too It turns out that mortgage stress tests aren’t only influencing potential homebuyers in Canada. According to Ben Myers, founder of Bullpen Consulting, renters are also facing the rent growth, caused by the implementation of the new rules...