OTTAWA - Canada's housing market is slowing dramatically in terms of both sales and construction, dragging down economic growth and putting some 150,000 jobs at risk in coming years, a mortgage industry association warns in its spring report.
(Special) - Canadian women undoubtedly are gaining more financial power and control than ever, but in spite of this they still face a unique set of financial challenges based on life expectancy, earning power, marital status, health care needs and estate planning.
TORONTO - A recent survey of Canadian adult consumers found a large majority of them believe the price of the food they buy has gone up in the past year and more than half said they are doing more comparison shopping than before.
Canadian home prices continued to rise in April even as year-over-year sales fell three per cent, according to the latest industry data that has left economists divided over whether the market can count on a soft landing.
OTTAWA - Canadian Mortgage Trends.com says it has been notified that the national banking regulator is looking at a possible further tightening of mortgage rules — this time for those with low risk mortgages that don't require government-backed insurance.
OTTAWA - The Competition Bureau will appeal a Competition Tribunal decision to dismiss a complaint against the Toronto Real Estate Board over rules that restrict how member agents provide information to customers.
(Special) - The golf season now is in full swing in Canada. I've heard and read many things about the difficulties, joys and frustrations of the game - experiencing most of them personally - but I'd never seen a comparison between the golf and investing, until recently.
OTTAWA - Canada's once-sizzling housing market continues to fall back to more sustainable levels, but as yet is managing to avoid the earmarks of a damaging crash that would spill over into the general economy.
OTTAWA - Along with reduced pensions, low returns on their savings and high debt, Canada's boomer generation is facing an additional burden as they ease into their retirement years — their "boomerang kids."
(Special) - Low or negative returns on bonds and positive signs of economic growth in major economies such as the U.S., China and Europe all point to good returns for equities over the next few years, Bank of Montreal investment executives say.