Browsing: Canadian

By Laura Dhillon Kane (Bloomberg) — Canadian retail sales kept rising ahead of an oil price shock that may divert spending away from non-essential items. An…

By Paula Sambo and Katherine Griffiths (Bloomberg) — Canadian mortgage billionaire Stephen Smith has agreed to buy a minority stake in The Economist Group, marking the…

After 30 years in the mortgage industry, Yousry Bissada wasn’t ready to start his retirement. Instead, he’s helping millions of Canadians fund theirs as the new…

By Craig Wong Heading into 2026, trade will remain in the spotlight, but the new year also brings new challenges as Ottawa looks to make fundamental…

Canada Mortgage and Housing Corp. says the national mortgage delinquency rate was 0.22% in the second quarter, down from 0.23% in the first.  The percentage of…

A new global analysis suggests Canada’s major metros are among the hardest places on earth for young people to buy their first home, with Vancouver, Toronto…

By Christine Dobby (Bloomberg) — Bank of Nova Scotia is cutting jobs across its Canadian banking division as part of the firm’s effort to boost long-term…

Canadian Imperial Bank of Commerce will get a new head of U.S. operations this year, as the Toronto-based lender continues its years-long push for stateside market…

Real estate secured debt, which includes both mortgages and home equity lines of credit (HELOCs), grew by $9.9 billion in April, driven almost entirely by the…

When Rebecca Oakes emigrated from the UK to Canada in 2017, she never anticipated that one of the first challenges she’d face would be securing a…