Mortgage

Homeowners brace for mortgage payment shock amid higher-for-longer rate outlook Fallback Image Decorative pattern

Economic Indicators

Homeowners brace for mortgage payment shock amid higher-for-longer rate outlook

Banks and other lenders have been stretching out amortizations to reduce monthly payments

By Ian Bickis, The Canadian Press |October 2, 2023

3 min read

Fraud in mortgage, credit card, auto sectors rises amid interest rate hikes Fallback Image Decorative pattern

Industry

Fraud in mortgage, credit card, auto sectors rises amid interest rate hikes

If high rates persist, fraudulent activity could accelerate

By The Canadian Press |September 21, 2023

1 min read

Growth in household debt rises in July Fallback Image Decorative pattern

Economic Indicators

Growth in household debt rises in July

Credit card debt outpaced other forms of non-mortgage borrowing

By James Langton |September 19, 2023

1 min read

Ongoing cost of living crisis should trigger another housing benefit payment: Singh Ongoing cost of living crisis should trigger another housing benefit payment: Singh

Economic Indicators

Ongoing cost of living crisis should trigger another housing benefit payment: Singh

The first $500 top-up was rolled out just before Christmas and distributed $402 million

By Mia Rabson, The Canadian Press |September 1, 2023

4 min read