9/29/2023 | Posted in Canada Living by Heather Ann Lemieux
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Millions of Canadians want to achieve their dream of homeownership, but affordability remains out of reach for many, and changing that will be a slow journey according to RBC. ... More
9/4/2023 | Posted in Financial Health by Heather Ann Lemieux
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Higher living costs are pushing more and more Canadians into debt, according to a new report. ... More
6/28/2023 | Posted in Canada Living by Heather Ann Lemieux
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Inflation cooled on a month-over-month basis in May, but one factor that has been unrelenting in driving the consumer price index higher is mortgage interest costs — and the ... More
6/3/2023 | Posted in Canadian Housing Market by Heather Ann Lemieux
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Stable interest rates and a continued cooling in home prices helped give housing affordability in Canada its biggest jump in almost four years in the first quarter of 2023, ... More
4/21/2020 | Posted in Canadian Economy and Housing Market by Heather Ann Lemieux
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Rising unemployment and high debt is expected to boost mortgage loan delinquencies in Canada, though experts say it won’t play out like the U.S. subprime mortgage crisis of ... More
12/16/2019 | Posted in Financial Health by Heather Ann Lemieux
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Canadians' borrowing habits are back to where they were before policymakers cooled off the housing market. Lower interest rates are convincing some to borrow more. ... More
12/3/2019 | Posted in Canada Living by Heather Ann Lemieux
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Contribution room accumulates beginning in the year in which a person turns 18 ... More
10/30/2019 | Posted in Interest Rates by Heather Ann Lemieux
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The Bank of Canada (BoC) announced today that it would keep the overnight rate at 1.75%. ... More
9/19/2019 | Posted in Canadian Economy and Housing Market by Heather Ann Lemieux
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The average Canadian household was worth less in 2018 than in the previous year. ... More
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