Loonie went up sharply amid the central bank’s hints at rate increases On Wednesday, loonie rose by more than one cent after the Bank of Canada left its key lending rate unchanged but still hinted at future rate increases. The BoC has been keeping its overnight...

BMO and Simplii Financial admit hackers’ attacks towards them On Monday, two Canadian banks stated they were attacked by hackers, and the personal data of tens of thousands of customers may be stolen. It was also confirmed by a letter from unknown senders demanding a...

Rate increases by the central bank are expected in July and December This Wednesday, the Governor Stephen Poloz will announce the central bank’s rate decision. Most experts predict no changes despite the improving economy. The main reason for this pause is more a waiting approach...

Ottawa faces a strong activity rise because of expensive real estate in GTA Ottawa’s real estate market is facing a strong activity increase and the main reason is the wave of buyers from other regions. “Partially, it’s the result of extremely high home prices in Toronto...

New home sales reached a record low level in GTA According to the Building and Land Development Association (BILD), new home sales reached the lowest level for April in more than 20 years. Recently built single-family home prices were down by 5% annually to $1.15...