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BoC expected to pause this week, but more rate cuts still likely
BoC expected to pause this week, but more rate cuts still likely

With markets nearly split—pricing in a 40% chance of a rate cut and a 60% chance of a hold—the Bank of Canada’s upcoming rate decision on Wednesday is still very much up in the air.

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Apr 15, 2025
CENTUM appoints new leadership as Chris Turcotte joins RMA/Broker One
CENTUM appoints new leadership as Chris Turcotte joins RMA/Broker One

CENTUM Financial Group has named Adrian Schulz as its new President and Caroline Rapson as Vice President of Operations as the brokerage network ushers in a new chapter of leadership.

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Apr 14, 2025
Young Canadians shed mortgage debt as older homeowners borrow more
Young Canadians shed mortgage debt as older homeowners borrow more

Canadian homeowners experienced a shift in borrowing behaviour last year, with younger households reducing their mortgage balances while older age groups took on more debt.

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Apr 14, 2025
Canadians cutting spending, delaying purchases amid tariff turmoil: MNP survey
Canadians cutting spending, delaying purchases amid tariff turmoil: MNP survey

A survey from insolvency firm MNP Ltd. suggests Canadians' outlook for their personal finances has brightened even as they've taken steps to cut their expenses amid economic turmoil.

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Apr 14, 2025
This week’s economic watchlist: CPI, home sales and the Bank of Canada
This week’s economic watchlist: CPI, home sales and the Bank of Canada

It’s set to be an important week for Canada’s economy, with key data on inflation, housing and consumer spending arriving just ahead of the Bank of Canada’s latest interest rate decision.

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Apr 14, 2025
Toronto condo market unlikely to see jolt as conditions vary elsewhere in Canada
Toronto condo market unlikely to see jolt as conditions vary elsewhere in Canada

Experts say the Greater Toronto Area condo market is unlikely to awaken from its lull any time soon even as other major Canadian cities see somewhat more promising demand.

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Apr 14, 2025
Mortgage Digest: Why fixed rates could drop further despite rising bond yields
Mortgage Digest: Why fixed rates could drop further despite rising bond yields

Canadian bond yields have swung sharply in recent weeks, adding uncertainty to the outlook for fixed mortgage rates.

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Apr 11, 2025
For young investors looking for bond exposure, it’s best to keep it simple: experts
For young investors looking for bond exposure, it’s best to keep it simple: experts

For young investors who are building the fixed-income portion of their portfolio, it’s best they keep their approach simple and go for low-cost investment options, experts say. 

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Apr 11, 2025
AI is coming for mortgage underwriting — but underwriters aren’t going anywhere, lenders say
AI is coming for mortgage underwriting — but underwriters aren’t going anywhere, lenders say

As AI makes inroads into underwriting, lenders say it's a tool for efficiency — not a substitute for human expertise.

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Apr 10, 2025
FHSA sees strong uptake among young, high-earning Canadians in its first year
FHSA sees strong uptake among young, high-earning Canadians in its first year

Nearly half a million Canadians took advantage of the new First Home Savings Account (FHSA) in its debut year, according to newly released tax filing data from Statistics Canada.

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Apr 10, 2025
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