1/2/2024 | Posted in Canada Living by Eileen Farrow
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Canadians preparing their taxes and finances for 2024 might find a bit of help from an unexpected friend: inflation.
... More 12/15/2023 | Posted in Canadian Economy and Interest Rates by Eileen Farrow
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The Bank of Canada’s top official said policymakers will consider cutting interest rates when inflation is “clearly” on a path to the two per cent target, but ... More
4/15/2020 | Posted in Canada Living by Eileen Farrow
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Nearly four-fifths of Canadians expect the economy to worsen over the next few months.
... More 3/27/2020 | Posted in Financial Health by Eileen Farrow
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The coronavirus outbreak is leading to defaults on credit cards, utilities, and telecoms.
... More 3/19/2020 | Posted in Canadian Economy and Housing Market by Eileen Farrow
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A measure of Canada’s consumer confidence has reported its biggest drop ever amid the COVID-19 pandemic.
... More 1/9/2019 | Posted in Financial Health by Eileen Farrow
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It's a worrying sign for an economy that has relied so heavily on consumer spending and the housing market to drive growth.
... More 8/21/2018 | Posted in Canadian Economy and Housing Market by Eileen Farrow
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Canadians are becoming more confident in the outlook for the economy, real estate prices, and their finances.
... More 6/27/2018 | Posted in Canadian Economy and Housing Market by Eileen Farrow
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Analysts are optimistic that the Canadian economy will bounce back soon, bringing with it increased consumer spending.
... More 4/27/2018 | Posted in Canadian Economy and Housing Market by Eileen Farrow
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Canadian households, the main driver of the country’s economy for the past decade, are showing signs of spending fatigue.
... More 3/15/2017 | Posted in Financial Health by Eileen Farrow
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The amount Canadians owe compared with how much they earn hit another record high last year. Statistics Canada said the amount of household ... More
11/16/2016 | Posted in Financial Health by Eileen Farrow
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Canadians continued to pile up non-mortgage debt compared with a year ago but delinquency rates remained low, according to credit monitoring agency TransUnion.
... More 8/25/2016 | Posted in Home Owners by Eileen Farrow
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Canadians are borrowing more as low interest rates help drive a thirst for credit. Non-mortgage loans increased in the second quarter of 2016 according to RBC, especially auto ... More
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