This year's federal budget contains a deficit nearly twice the size forecast by the Liberals a year ago, as Prime Minister Mark Carney's government prioritizes capital project spending over programs and services.

Canada’s largest banks have lowered their prime rates by 25 basis points, matching the Bank of Canada’s latest rate cut, bringing variable-rate borrowers additional relief as the easing cycle winds down.

National Bank has announced a series of executive changes effective January 1, 2026, as it looks to accelerate growth across Canada.

Federal Reserve officials delivered their second consecutive interest-rate reduction to support a softening labour market, and said they would stop shrinking the central bank’s portfolio of assets on Dec. 1.

The Bank of Canada cut interest rates as it sees damage from U.S. tariffs persisting, but signalled that borrowing costs are roughly at the right place as long as its forecasts materialize.

Highlights from Mortgage Professionals Canada’s National Mortgage Conference, where industry leaders shared insights on resilience, borrower discipline, and the path forward for 2026.

Expectations are set for two things from this week’s Federal Reserve meeting: Officials will lower rates by a quarter percentage point and Chair Jerome Powell will offer little guidance as a growing divide among policymakers blurs the path ahead.

The Bank of Canada is likely to cut interest rates to help an economy that’s suffering more damage from U.S. tariffs, even as Prime Minister Mark Carney finalizes plans for a stimulative budget to boost growth.

Some first-time homebuyers in Ontario could soon save tens of thousands of dollars on the cost of a home under a proposal from the provincial government to rebate the HST, but opposition leaders say it is too "unambitious" amid a housing crisis.

Morningstar DBRS says mortgage delinquencies are climbing at Fairstone and Equitable while Laurentian remains resilient.