Mortgage Digest: Why fixed rates could drop further despite rising bond yields 11 Apr 9:23 AM (yesterday, 9:23 am)
Canadian bond yields have swung sharply in recent weeks, adding uncertainty to the outlook for fixed mortgage rates.
For young investors looking for bond exposure, it’s best to keep it simple: experts 11 Apr 8:19 AM (yesterday, 8:19 am)
For young investors who are building the fixed-income portion of their portfolio, it’s best they keep their approach simple and go for low-cost investment options, experts say.
AI is coming for mortgage underwriting — but underwriters aren’t going anywhere, lenders say 10 Apr 12:42 PM (2 days ago)
As AI makes inroads into underwriting, lenders say it's a tool for efficiency — not a substitute for human expertise.
FHSA sees strong uptake among young, high-earning Canadians in its first year 10 Apr 9:19 AM (2 days ago)
Nearly half a million Canadians took advantage of the new First Home Savings Account (FHSA) in its debut year, according to newly released tax filing data from Statistics Canada.
Building permits rise in February, but residential construction weakens 10 Apr 7:39 AM (2 days ago)
Canada’s building permit activity picked up in February, rising 2.9% to $13.1 billion, according to new data from Statistics Canada.
Can’t pay your tax bill? File your return on time and don’t panic, experts say 10 Apr 6:26 AM (2 days ago)
For many Canadians, filing their taxes often means a refund, but for some, tax time can mean a bill that's unexpected or more than anticipated.
Trump retreats from global tariff plan, but Canada gets no relief 9 Apr 5:51 PM (3 days ago)
In a stunning about-face, U.S. President Donald Trump announced a 90-day suspension of his sweeping new “reciprocal” tariffs on most nations—but not on Canada.
FOMC minutes show Fed remains cautious on rate cuts amid inflation and tariff risks 9 Apr 11:46 AM (3 days ago)
The Federal Reserve is in no hurry to cut interest rates, according to minutes from its March meeting. While economic growth remains solid and the labour market is holding up, policymakers expressed growing concern over persistent inflation and the potential impact of tariffs.
Average asking rents decrease for sixth straight month to $2,119: report 8 Apr 1:11 PM (4 days ago)
A new report says the national average asking rent in March was $2,119, marking the sixth straight month of year-over-year declines.
Sticking with a retirement investing plan during times of volatility 8 Apr 1:00 PM (4 days ago)
Three days of wild market volatility sparked by U.S. tariffs is enough to cause any investor stress, but for those in retirement, the plunge can be extra difficult.