Federal measures announced last week will help to counteract two of the Canadian banking system’s key vulnerabilities: high household debt to income and elevated housing prices
Company to be renamed Street Capital Group
One in four say they would choose a longer term of seven to 10 years
Advisors can help homeowners understand the terms and conditions of a mortgage agreement
The 18-month fixed month mortgage has the lowest know posted mortgage rate in Canadian history
Paying down low-interest debt, such as a mortgage, can negatively impact retirement savings, says CIBC’s Jamie Golombek
Report examines risk posed by the rising role of less-regulated lenders
Federal Finance Minister Joe Oliver says he has no intention of pushing Canadian banks to follow the Bank of Canada’s lead and drop their rates. The central bank unexpectedly cut its trend-setting interest rate Wednesday to 0.75 per cent in response to the oil-price collapse. Financial experts have said borrowers shouldn’t automatically expect Canada’s big […]
Rate cut may spur Canadians to borrow more money
Report calls on Canada to limit taxpayers’ exposure to the housing market