The Bank of Canada today maintained its target for the overnight rate at the effective lower bound of ¼ percent. The Bank Rate is correspondingly ½ percent and the [...]

The Canadian economy took a record setting hit in the second quarter. Gross Domestic Product for April, May and June shrank by nearly 40%, on an annualized [...]

Canada's real estate market made a remarkable recovery in July and there are expectations it will continue for another couple of months. Back in the spring real [...]

Buyers, brokers and lenders can be forgiven if they see the federal government’s attitude toward mortgages heading in two different directions at once.  The federal housing agency [...]

Mortgage Professionals Canada has launched a series of new surveys designed to gauge the sentiment of Canadians toward home ownership during the COVID-19 pandemic. The survey will [...]

Canadians appear to be feeling pretty good about their personal finances as we head into the sixth month of disruptions and restrictions caused by the coronavirus. A [...]