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Many mortgage applicants are now being stress tested at 8.3% or higher We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: Record-high mortgage stress test puts homes...

Canadians are rolling back their goods purchases as more households face mortgage payment renewalsCanadian consumers are tightening their purse strings, cementing a case for the Bank of Canada to hold interest rates steady next week. We apologize, but...

Conservative Party Leader says rejection necessary to protect competition in mortgage lendingThe leader of Canada’s main opposition political party says the government should block HSBC Holdings PLC’s sale of its local operations to Royal Bank of Canada....

Volatility gripped Wall Street as traders kept a close eye on any signs of a potential escalation of the Middle East conflict, while weighing Jerome Powell’s remarks for clues on the policy outlook. After multiple twists and turns, the S&P 500 notched its...

Paul Harris, partner and portfolio manager, Harris Douglas Asset Management FOCUS: North American and global large caps MARKET OUTLOOK: The main issues facing the market are inflation and interest rates. The U.S. Federal Reserve and other central b...

Canada Goose Holdings Inc. shares plummeted to a record low for the second day in a row as economic and consumer pressures prompted a pair of analyst downgrades. The parka retailer’s stock fell 4.4 per cent to close at US$12.16, recovering some of its loss...

Tesla disappointed investors in its latest earnings report by missing expectations on revenue and sales, but one analyst believes the car company has its eye on larger things.    Tom Narayan, global auto analyst at RBC Capital Markets, told BNN Bloomberg in...

Canada's main stock index lost 100 points Thursday, led lower by metals, utilities and financials, while U.S. markets also declined.  The S&P/TSX Composite Index closed down 101.89 points, or 0.52 per cent, at 19,348.81. In New York, the Dow Jones Indus...

79-year-old's income largely comes from interest earned from savings and PE investments, but that's not the best strategyReviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchas...

Core inflation is closer to 4% than 2%. If wage deals cook that in, inflation stays highThe Canadian economy continues to perform better than expected, with Statistics Canada reporting an outsized employment gain for September. Propelled by a similar result...