On the surface, the latest inflation report brought welcome news: Canada’s annual inflation rate slowed to 1.7% in April. This drop below the Bank of Canada’s 2% target would normally have markets buzzing about an imminent interest rate cut. However, a closer look at the data reveals a much more complicated picture, clouding the path […]
TD Bank’s latest quarterly earnings report reveals a significant trend in the Canadian housing market: its residential mortgage portfolio shrank in the second quarter of 2025. This slowdown in one of the country’s largest lenders offers a clear window into the pressures facing both banks and consumers in a high-interest rate environment. The bank’s Canadian […]
The latest data from Equifax Canada paints a concerning picture of the financial health of the nation. A staggering 1.4 million Canadians missed at least one credit payment in the first quarter of 2025, signaling rising financial stress amid persistent economic uncertainty. This trend highlights a growing divide between those who are managing and those […]
