Wall Street lending giants would get relaxed capital requirements under proposals unveiled by the Federal Reserve on Thursday, in a move that could potentially unleash billions of dollars for lending, share buybacks and dividends.

GTA home prices are down more than 24% from their 2022 peak, but history suggests the correction could take years to fully play out.

Quebec says it will trim its budget deficit in the years ahead as it brings in more tax revenue and restrains new spending, despite trade tensions with the U.S.

U.S. mortgage rates jumped last week to the highest level of the year, leading to a sharp pullback in refinancing activity.

The Federal Reserve has been signalling for months that further interest-rate cuts were far from guaranteed. On Wednesday, that message finally fully sunk in for bond traders.

Canada’s population declined again in the fourth quarter as the number of non-permanent residents in the country continued to fall. 

The Bank of Canada held interest rates steady, saying it would “look through” the Middle East war’s immediate inflation impact as it kept focus on downside growth risks.

A prolonged Middle East conflict could push oil prices higher, adding to inflation pressures and raising risks for mortgage rates and household affordability.

The Bank of Canada is likely to hold interest rates steady as policymakers weigh the inflation risk of higher oil prices against a string of weak economic numbers.

A new report suggests two-thirds of Canadians say they still dream of owning a home despite a challenging market.