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HELOC debt has also increased at a much faster rate compared to GDP, official figures indicate

Slower borrowing might lead to less consumer spending that could further delay Canada's economic recovery

Canadians spent an estimated $80 billion on renovations in 2019, and plan to take a bit of breather this year because of COVID-19.

Canadian banks may clamp down on HELOCs to reduce the risk of spikes in sour loans, which the banks are already bracing for

With new mortgage rules and higher interest rates putting the squeeze on Canadian homebuyers, some have found a new approach: Get the parents (or grandparents) to bankroll your ... More

Canadians spent nearly $78bln on renovations last year, but a slower sales cycle could impact that figure.

A federal agency is warning consumers addicted to home equity lines of credit — a product increasingly driving debt — could find themselves at increased risk ... More