Statistics Canada reports household debt-to-income ratio ticked higher in Q1
Statistics Canada says the amount Canadians owe relative to their income ticked higher in the first quarter as debt grew faster than income.
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Statistics Canada says the amount Canadians owe relative to their income ticked higher in the first quarter as debt grew faster than income.
The euro hit its highest level in almost four years against the U.S. dollar as investors rushed into safe-haven assets on Thursday while remaining cautious about the impact of the U.S.-China trade deal.
Governments must give seniors a tax break to make it more financially viable for them to downsize from their family homes, according to a report by the Missing Middle Initiative released this month.
The parliamentary budget officer says Ottawa’s plan to slash the sales tax on housing would save an eligible first-time homebuyer an average of roughly $27,000 off the price of a newly built home.
The federal government is moving to shore up a historically weak summer job market for students — even as one economist argues tough employment prospects for young people suggest broader softness in the job market.
Canadians preparing to retire believe they need $1 million or more to retire comfortably, according to Fidelity Canada’s 2025 retirement report.
The U.S. Federal Reserve will keep interest rates on hold for at least another couple of months, according to most economists polled by Reuters, as risks linger that inflation may resurge due to U.S. President Donald Trump’s tariff policies.
The national average asking rent in May was down 3.3 per cent from a year earlier at $2,129, marking the eighth consecutive month of year-over-year decreases.
Shoppers at Loblaw Cos. Ltd.’s stores will soon no longer be able to get a coffee fix by purchasing Folgers-brand products after a pricing dispute prompted the grocer to pull them from its shelves.
As investors continue to look for alternatives to U.S. assets amid heightened uncertainty due to U.S. President Donald Trump’s ongoing trade war, the Canadian dollar is gaining against its American counterpart.
Being mortgage free can seem like a distant goal when the outstanding balance is in the hundreds of thousands of dollars and most of your regular payments are going toward paying interest.
The Bank of Canada held its key interest rate steady on Wednesday, as was widely expected, and two experts say conflicting economic data is likely what kept the bank on the sidelines.
Canadian Centre for Policy Alternatives senior economist David MacDonald explains what led to the Bank of Canada’s decision.
A key U.S. inflation gauge slowed last month as President Donald Trump’s tariffs have yet to noticeably push up prices, while American incomes jumped.
Canadians who have purchased bread in the past two decades may receive cash from two class actions involving major grocery companies accused of overcharging.
The minimum wage in B.C. is going up on Sunday to $17.85 per hour.