Articles tagged “Statistics Canada”.
Canada, often lauded for its social safety nets and egalitarian ideals, faces a stark reality: a widening chasm in wealth between homeowners and renters. This
Canada's annual inflation rate fell to 2.5% in July, marking the lowest level since March 2021, according to Statistics Canada. This is a slight decrease
The recent slowdown in US inflation to 3% in June has ignited optimism for potential rate cuts by the Federal Reserve, influencing market expectations and
A chilling report from the Office of the Superintendent of Financial Institutions (OSFI), the nation's top banking regulator, paints a grim and foreboding picture of
Canada's economy received a welcome surprise in June 2024 as the annual inflation rate cooled to 2.7%, defying the unexpected spike to 2.9% in May.
The Canadian dream of homeownership: a cozy condo overlooking Vancouver's skyline, a charming bungalow nestled in Toronto's tree-lined streets, or a spacious family home where
If you're grappling with escalating credit card debt or high-interest loans, recent statistics show you're not alone. A 2023 report from the Licensed Insolvency Agency
The Bank of Canada's (BoC) recent interest rate cut of 25 basis points has sparked a wave of discussions and debates across Canada, especially in
As Canadians grapple with rising housing costs and interest rates, 40-year mortgage terms have re-emerged as a potential solution. But is this uniquely Canadian mortgage
The weight of debt is a heavy burden for countless Canadians, with mortgages, car loans, student debt, and escalating credit card balances dominating our financial
The year 2024 is shaping up to be a challenging one for Canadian homeowners. With interest rates on the rise and a potential economic crisis
