Sales of condominiums across Canada fell in all but two major markets in the first eight months of 2023, according to a new report which predicts the slowdown will continue into 2024.
Payment firms including Mastercard Inc. and Block Inc. are banding together with fintech companies to press Canada to move faster on rules that may boost competition in financial services.
A former deputy governor of the Bank of Canada says the central bank’s aggressive rate hikes have effectively slowed the economy, making a soft landing likely, though he cautions that outcome is not guaranteed.
Here are five things you need to know this morning.
From ultra-low interest rates that led to a huge spike in real estate demand to the speed with which interest rates shot up to levels not seen in a generation, it’s been hard to keep up with the shifting landscape for mortgage holders.
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