According to the chief economist of the trade association of B.C. and Ontario credit unions, interest rates will be low for a longer period of time. Bryan Yu from Central 1 Credit Union expects the central bank to start raising its key lending rate...

At the beginning of this month, a home seller in Hamilton received a purchase offer with a price that exceeded the initial one by $100,000. However, he decided to reject it, hoping that a more profitable one will appear soon. According to Rob Golfi,...

Money always gets in the top list of factors causing stress, and with the pandemic and the growth in the cost of living we’ve seen in Canada this year, the financial stress for households has increased even more. According to specialists, the situation may...

While new mortgage stress test rules had to cool down an overheated real estate market by reducing the number of qualified buyers, it’s been more than two months after their implementation, and they don’t seem to work as well as they should. “The new...

Last month, the national labor market kept recovering, supported by lifted restrictions. However, the increases turned out to be smaller than expected. According to Statistics Canada, the economy added 94,000 jobs in July, while experts predicted 150,000 positions. As a result, the unemployment rate...