Senior Deputy Governor Carolyn Rogers talks about some of the reasons for Canada’s poor productivity track record, and what we can do to turn the tide....
Canada's economy no longer needs 5% interest rates, says chief economistJimmy Jean, chief economist at Desjardins, talks with Financial Post’s Larysa Harapyn about what the latest inflation reading coming in cooler than expected means for the Bank of Canada...
The new portfolio test to limit highly indebted borrowers will apply to bank portfolios, not individual homebuyers Get the latest from Barbara Shecter straight to your inbox Sign Up Canada’s banking regulator is taking fresh steps to ensure lenders do...
Canadians second only to Australians in the share of their income spent servicing debt We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: Why Canada may need deeper...
Sellers must navigate price cuts, lukewarm buyers and mortgage-approval challengesHome sellers are awakening to a new, sobering reality as the spring real estate market blossoms into action: the era of frenzied bidding wars and soaring profits in urban centr...
Decrease may offset short-term economic benefits of any Bank of Canada rate cuts, Desjardins economist saysCanada’s planned reduction in temporary residents is set to add downward pressure to inflation and economic growth in the coming months, and the policy...
The Bank of Canada is pleased to announce this year’s recipients of its scholarship awards for students with disabilities, Indigenous students, LGBTQ2S+ students, fr...
Watch: Filings hit highest number since 2019 in 2023Dina Kovacevic, editor-in-chief of Insolvency Insider Canada, talks with Financial Post’s Larysa Harapyn about the rising trend of insolvency filings and bankruptcies in Canada. In 2023, insolvency filings...
Economist believes it will take a series of rate cuts before many are ready to take the plungeHomebuyers are unlikely to flood back into the housing market this spring; rather their return will be “staggered” over the second half of the year, says one econom...
The rally in stocks lost traction Friday, with the market still notching its best week in 2024 amid speculation the Federal Reserve will be able to cut interest rates as soon as June. U.S. equities wavered after a record-breaking run that drove the S&P 500...