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Statistics Canada says the amount Canadians owe relative to their income pulled back in the first quarter from the record level set in the fourth quarter of 2021 as incomes ... More

A sharp rise in joblessness, combined with the bust-out of the short-term rental market, will send Canadian house prices down in the short term, some market experts are ... More

Rising unemployment and high debt is expected to boost mortgage loan delinquencies in Canada, though experts say it won’t play out like the U.S. subprime mortgage crisis ... More

Canada’s largest banks are fielding a deluge of requests to defer payments on mortgages as businesses suffer from efforts to curb the spread of the new coronavirus and ... More

A measure of Canada’s consumer confidence has reported its biggest drop ever amid the COVID-19 pandemic.

The Canadian government has announced a further measure to mitigate the impact of the COVID-19 crisis and to help maintain stability in the financial system.

Economy nudged higher in the latest monthly stats, helped in part by the real estate and construction industries.

The average Canadian household was worth less in 2018 than in the previous year.

Here’s a look at how lower rates south of the border could ripple through our country, according to five experts.

Canada should hold off on changes to make homebuying more affordable but should speed up efforts to reduce trade barriers within its borders, advises the International Monetary ... More

Residential investment is falling, and that's a clear sign of hard times in Canada's economy, the Bank of Montreal says.

As we head towards 2019 with a weakened Toronto housing market and a Vancouver market in free fall, many sense this may be the year the house prices will go ... More

Canada’s economy will slow down in 2019 with consumer spending impacted by weaker employment, cooling house prices, high levels of debt, and rising interest rates.

The slowdown in Canada’s housing market is likely to weigh on the economy according to a new report from CIBC Economics.

The prospect of interest rate hikes is particularly daunting for residents of Toronto and Vancouver—two cities with debt levels well above the national average.

Rising interest rates and new mortgage rules have finally forced an end to years of rapid lending, according to the latest data from Bank of Canada.

The benchmark rate set by the central bank is called the overnight rate and it’s now at 1.75 per cent, up from 0.5 per cent in the summer of 2017.

Consumer spending is expected to slow as Canadians spend more on the interest on their debt.

By 2023, the number of millionaires in Canada is expected to rise 54% to nearly 2 million people

Canada’s economy faces a major risk through the next three years from how debt-laden consumers cope with higher interest rates, according to economists from three of the ... More

Moody's revises its outlook for the Canadian banking system to stable from negative, as the ratings company now sees the Canadian government less likely ... More

Canadians are becoming more confident in the outlook for the economy, real estate prices, and their finances.

With debt levels disconcertingly high, there could be ramifications to yesterday’s interest rate hike.

Analysts are optimistic that the Canadian economy will bounce back soon, bringing with it increased consumer spending.

Canada's financial system is resilient, according to the Bank of Canada, but high household debt and imbalances in the housing market remain the biggest ... More

Canadian households, the main driver of the country’s economy for the past decade, are showing signs of spending fatigue.

The tightened mortgage underwriting rules which came into effect at the start of the year have contributed to a slower start for the Canadian economy.

Mortgage Consumers Brace Yourselves - Chances of a hike in May rose to 82% after the data came out today.