Bank of Canada Announcement

The Bank of Canada decided to keep rates where they are in its December interest rate announcement. There were countless reasons for its decision to stand pat. On the global front, trade conflicts, geopolitical developments, and uncertain growth prospects are weighing on the global economy. Domestically, the Canadian economy grew in line with the Bank’s projection in Read more about Bank of Canada Announcement[…]

Coping with the new “stress test”

With the new Office of the Superintendent of Financial Institutions stress test rules firmly in place since January, Canadian homebuyers have learned they need to arm themselves with practical information on how they can ensure they are “stress-test ready”. The following is a guide and best practices tool kit for those about to embark on Read more about Coping with the new “stress test”[…]