business outlook survey
Higher interest rates eroding business and consumer sentiment: BoC
October 16, 2023
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Between interest rate increases of over 450 basis points (4.50%) since April 2022, and an expectation of persistently high inflation, both Canadian consumers and businesses say they are now feeling the impact.
The latest in mortgage news: Fixed rates continued to climb this week
June 30, 2023
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While the pace of fixed-rate increases has slowed, lenders continued to bump mortgage rates higher this week, including three of the big banks.
The latest in mortgage news: Half of borrowers concerned about mortgage renewals
April 4, 2023
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Nearly half (47%) of Canadians buying or renewing a mortgage say they are concerned about qualifying for the amount they need.
The latest in mortgage news: Arrears rate rises from its all-time low
January 24, 2023
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Canada’s national arrears rate ticked up from its all-time low in October, according to data from the Canadian Bankers Association.
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