Savings rate drops as consumption growth outpaces income gains
Real estate lending volumes have increased at the Big Six
The household debt service ratio fell, however, to 13.32% in the third quarter
The rate is reviewed twice per year and is tied to the reserves of Canada's largest banks
At the same time, the bank raised its dividend 10%
The Labor Department also reported Friday that prices rose 0.8% from October to November
Case against ANZ marks end of Royal Commission investigations
Canadian crude oil production is expected to peak at 5.8 million barrels per day in 2032 and then slowly decline
A PBO report said extending wage subsidies will push the overall price for the program to almost $106.7 billion
The average Canadian family of four will pay an extra $966 for food in 2022, report says
Deputy governor says it's difficult to gauge how quickly supply issues will be resolved
The sector faces cross-currents and several risks to growth
Leading indicators point to growth peaking in the months ahead
The S&P/TSX composite index rose 58.63 points to 32,058.73
The central bank issued a summary of its overnight-rate deliberations earlier this month
Americans’ assessments of their current economic situation tumbled: survey
Retail investors targeted by so-called investment groups on social media
The increase is part of an effort to beef up anti-money laundering measures
Accountant allegedly found assets used to lure investors to schemes
The pension fund is investing up to US$1.05 billion
Plus, promotions at Harvest and Ontario Teachers' Pension Plan Board
High-profile firms and their clients were targeted in 2025
Plus, Wellington-Alus Private Counsel and Ninepoint Partners add new talent
Also, moves at Mackenzie Investments, Edward Jones Canada and the CSA
Plus, moves at BMO Private Wealth, Fiera Capital and CIBC GAM
Mutual fund, ETF AUM rose for the seventh consecutive month
Plus, other product launches and news, including more ESG fund terminations
More than 300 new products landed in 2025 — a new record