When Prime Rates Differ?

When Prime Rates Differ?

Although the recent changes to mortgage qualification introduced by the government were intended to create stability in the Canadian housing market, the unintended consequences might have been to make the waters a little muddier. For the first time, it looks like...
Further Tightening of the Mortgage Belt

Further Tightening of the Mortgage Belt

Before reading this you should be warned that the following content is pretty dry… like eating 8 saltine crackers without drinking water dry. If you need to go and get something to drink before proceeding, no worries, we will wait here. Take your time.  The...
Negative-Yield Bonds – Pay to Save?

Negative-Yield Bonds – Pay to Save?

There is a good chance that if you skimmed the news headlines this last week, you passed right on over a piece called CIBC sells negative-yield bonds for 1st time. No one blames you, because let’s face it, stories about the Canadian bond market don’t...
Stinky Jobs Report for February | Dr. Sherry Cooper

Stinky Jobs Report for February | Dr. Sherry Cooper

This article was written by DLC Chief Economist Dr. Sherry Cooper. There was no good news in the data released this morning for Canadian employment in February. While economists were expecting a 5,000 jobs gain, employment edged downward (-2,300) as gains in part-time...