News
Canada's economy is on a rollercoaster that the Bank of Canada will have to ride, economists say
2+ hour, 14+ min ago (831+ words) Canada's better-than-expected gross domestic product (GDP) growth has put the economy on track to get close to or meet the Bank of Canada's growth outlook for the first quarter, economists said. Statistics Canada said GDP in January rose 0.1 per cent…...
Canada's GDP edges higher, beating forecast
5+ day, 3+ hour ago (634+ words) Economy looks to be off to a better start in 2026 Canada's economy grew 0.1 per cent in January, slightly above expectations, as goods-producing industries expanded for the second month in a row, Statistics Canada said Tuesday. Gains in mining, quarrying, oil…...
News of the day: Locking in your mortgage, estate planning, firing fears, 3 vs. 5 year fixed rates, helping with rent and more
1+ week, 5+ day ago (249+ words) Catch up on the stories we're following today Why waiting to lock in your variable rate often backfires Almost all variable rates let you lock into a fixed rate "free" of charge. "Free" gets the scare quotes here because, in…...
Why waiting to lock in your variable rate often backfires
4+ day, 9+ hour ago (1082+ words) One of the biggest draws of variable-rate mortgages is that they give you options. They're typically just three months' interest, rather than the dreaded "interest rate differential" penalties that can ambush you when breaking a fixed mortgage early. On top…...
Markets making wrong call on interest rates.
5+ day, 3+ hour ago (116+ words) Markets making wrong call on interest rates.Financial Post Markets making wrong call on interest rates. Karl Schamotta, chief market strategist at Corpay, talks with Financial Post's Larysa Harapyn about the impact of the Iran war on currency markets. Iran…...
Torn between a 3-year or 5-year fixed mortgage? Here are a few things to consider
5+ day, 3+ hour ago (355+ words) Robert McLister: Consider how long you actually need the mortgage and whether you'll want to borrow more or relocate before five years are up If you're currently shopping for a mortgage rate, you're probably lighting a candle for lower oil…...
Stagflation is back
5+ day, 2+ hour ago (1788+ words) War in Iran threatens to hit growth and confidence, deepen governments' unpopularity and hurt public finances Cristina Scocchia, chief executive of Illycaff, the Italian coffee company, is just one of the hundreds of millions of people grappling with the price…...
Markets could be making the wrong call on interest rates
5+ day, 2+ hour ago (84+ words) Markets could be making the wrong call on interest rates'Financial Post Karl Schamotta, chief market strategist at Corpay, talks with Financial Post's Larysa Harapyn about the impact of the Iran war on currency markets. You've reached the 20 article limit. You…...
Canada’s economic performance has been lagging the U.S. for years, and Statistics Canada delves into why
6+ day, 51+ min ago (867+ words) Labour productivity and GDP growth in Canada haven't kept pace with the U.S. since the late 1990s Canada's economy has been trailing behind the United States for years, according to a report from Statistics Canada published on Wednesday, which delved into the…...
Why market bets for interest rate hikes in Canada are so high
6+ day, 9+ hour ago (561+ words) Traders and economists at odds over the impact of the Iran war The future path of interest rates in Canada is up for debate, with most economists coming down on the side of holds, while market bets are rising for…...