Economists slash Canada’s 2026 growth outlook after recession talk
A surprise economic slump to start the year prompted forecasters to slash their expectations for Canada’s growth for 2026.
Delinquencies rose in May, but don’t panic, ICE says
Mortgage delinquencies rose monthly and annually in May, but it's not a cause for concern, according to a new industry report.Processing ContentThe national...
Are Mortgage Rates Finally Poised to Start Falling Again?
A while back I noted that mortgage rates were trending higher.This was after a long period of trending lower. It was effectively a...
Carney says B.C. condo buyout proposal is about affordability, not bailouts
Converting British Columbia's glut of unsold condos into affordable housing is about supporting Canadians, not distressed developers, Prime Minister Mark Carney said Thursday...
FDIC proposes slim resolution plans, lower insurance fees
Key insight: The FDIC proposed scaling back resolution planning requirements for banks and lowering deposit insurance assessments.Supporting data: The resolution planning proposal would...