Record piles of debt? Apparently we haven’t seen anything yet, as the Bank of Canada shares data showing this trend is accelerating.
The Canadian consumer price index, one of the key indicators of inflation, fell to a 20 month low in June.
Canada saw the consumer price index (CPI) slip, falling to a low for 2017. This could put a hiccup in rising interest rates anytime soon.
Could have fooled us, but the Bank of Canada’s housing affordability index shows Canadian real estate is affordable.
A new release from the Parliamentary Budget Officer of Canada doesn’t anticipate interest rates will rise until sometime next year.
High-ratio borrowers have always been a concern, but the the Bank of Canada is now highlighting risks associated with traditional mortgages.
Feel like expenses are rising faster than frequently quoted statistics? Here’s how Canadians are being misinformed about inflation.
Here’s a look at interest rates, and how a 5% hike would impact Canadian real estate prices. Even though the BoC “thinks” they aren’t related.
Canadian real estate helped drive consumer debt levels so high, it would take the net worth of the 9 richest people in HISTORY to pay it off.
Canadian mortgage debt demolished previous records this year, having risen to $1.03 trillion at chartered banks alone.