Whoa, economist dude. Twelve figures starts at $100,000,000,000 – a hundred billion. Yikes. We haven’t seen red ink like that from the federal government since way back during the pandemic – when the ...

Down she goes. Both fixed-rate fivers and VRMs are in the 4.5% range. The Bank of Canada delivered its second jumbo rate cut ...

The bad news? A recession looms, for sure. The good news? It’ll be short. Shallow. Real estate will suffer. Financial portfolios will not. Inflation will continue unabated. But interest rates are near ...

Yeah, it’s not Bitcoin. But a balanced, low-vol, diversified, 60/40 portfolio has handed investors close to 10% this year. And it was 8.5% last year. The even better news is that there’s more of the ...

Last November the feds said they’d spend $40 billion more than they collected running the place. That would be added to the debt. In a best-case scenario, our non-financial Finance Minister added, ...

Eleven million people live in our largest three cities. The latest housing numbers are now in for each. Sales last month in Toronto were down 17.5%. In Montreal they tanked 19%. In Vancouver, a 28.6% ...

Personal loan and mortgage costs, LOCs, business borrowings, home equity loans and VRMs will all get cheaper. So will ...

Half full? Half empty? Are things getting better or worse? Yes, 2022 sucked. Market losses. War. Inflation. Kanye West. Central banks. Mortgage rates. Danielle Smith. Wild boars. Nukes. Peak house ...

The central bank won’t touch interest rates for a while. That was confirmed Wednesday. Meanwhile one lender has hacked its variable-rate to 0.99% while a major bank has four-year money at a buck forty ...

If for some reason you’d been given the highly specific advice five years ago to ‘buy French luxury goods’ you might have bought Hermes International stock and done extremely well (+229%), or you ...

No shock in the major cities. House prices are stable or creeping higher. Condos are sinking. Detacheds rising. Sales volumes are holding, or increasing. Active listings have levelled off. November ...