If you’re thinking of selling your house to make a little money before rising interest rates squeeze the real estate market, there’s good news and bad news. The good news is you’re almost certainly making money because home prices in Canada have been rising for the past few decades, particularly in the greater Vancouver area. […]

important to marketing, but there is overwhelming new evidence to underscore what impact an online presence can mean – in particular to Canadian consumers – and to the professionals trying to win their business.   According to a new poll released from marketing survey company comScore, Canada is the global leader in terms of time […]

at a faster pace than that of our American cousins, buoyed by a strong real estate market and stronger stocks pumped up by commodities prices.   “The rollicking stock market helped boost the net worth of American households in [the fourth quarter], though they remain nearly $9 trillion (or 13%) poorer than before the credit […]

assuming rising American demand for consumer goods and autos, according to a report issued Friday by Royal Bank.   Economists at the bank predict net exports such as cars and commodities will boost economic growth this year and next, as those industries account for two-thirds of Canada’s goods sold abroad.   The report from RBC […]

Canada’s economy will register a strong start to 2011 despite the growing risks from crises in Japan and the Middle East, predicts a major Canadian bank. The TD Bank’s new forecast has the Canadian economy advancing a robust 3.5 per cent in the first half of this year, before slowing slightly in the second half. […]

The Bank of Canada has now kept its official interest unchanged at 1 per cent for the fourth meeting. Those with floating-rate debts will no doubt be relieved; however, economists were looking for a signal from Mr. Carney and crew that improving economic conditions were paving the way for a return to rate hikes sometime […]

The improving economic backdrop has strengthened some economists’ view that the Bank of Canada will begin raising its benchmark rate in the  – either in April or May – or at the very least in July, once the U.S. Federal Reserve is scheduled to end its US$600-billion asset purchase plan. Not so the Bank of […]

economists’ view that the Bank of Canada will begin raising its benchmark rate in the second quarter – either in April or May – or at the very least in July, once the US Federal Reserve is scheduled to end its US$600 billion asset purchase plan.   Not so says Scotiabank. It’s among the few […]

changes still needed to protect consumers. Let’s start with Ted Menzies, the minister of state for finance, who announced “consumer friendly” rules for federally regulated banks.   The proposed changes would reduce the time banks hold onto cheques before clearing them to four business days (from seven) and give customers immediate access to the first […]

improving Canadians’ ability to manage and repay debt, while also suggesting the federal government introduce more stringent standards for mortgage qualification.   Action Canada’s Task Force on Household Debt, which has been meeting for the past six months, released its report entitled “Debt Crunch: Policy Recommendations for Addressing Canada’s Record Level of Household Debt”, which […]