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Rising interest rates have pushed qualifying rate above 8% for some borrowers Canada’s federal banking regulator is leaving the stress test for uninsured mortgages unchanged, citing economic uncertainty and increasing vulnerabilities in the fin...

'You can’t paint any lipstick on what is happening in terms of consumer credit quality,' says David Rosenberg Consumer debt payments in Canada are significantly higher today than when interest rates were in the low teens in 1990, a sign of the...

Rates now seeing topping 5% in new year NEW YORK — U.S. stock indexes closed sharply lower on Thursday, with each of the major averages suffering their biggest daily percentage drop in weeks, as fears intensified that the Federal Reserve’s batt...

Average wait time to get a new car delivered can be upwards of six months Things were supposed to be different in 2023 for car manufacturers, dealers, prospective car buyers and lovers of auto shows, those annual pageants of polished steel and...

U.S. stocks snapped a two-day rally after Federal Reserve Chair Jerome Powell reiterated his hawkish stance but signaled the central bank is getting “close” to reaching the end of a tightening cycle that pushed rates from near zero to 4.5 per cent since March...

Canada's main stock index saw a loss of more than half a per cent Wednesday, reversing slight mid-morning gains, while U.S. markets were also down at the close after beginning the day on a more optimistic streak.  Sign up to get breaking news email aler...

Chris Blumas, portfolio manager, Raymond James Investment Counsel FOCUS: North American large caps  MARKET OUTLOOK: Earlier this year, the U.S. Federal Reserve shocked financial markets with its plans to increase interest rates more aggressively th...

'Someone will likely look into it, whether it’s innocent or not' (Bloomberg) — Karine Jean-Pierre, the press secretary for President Joe Biden, quickly brushed off the question when it came in toward the end of her daily press conference Tuesda...

Episode 180 of Down to Business Last spring, Canada started experiencing a shortage of children’s Tylenol, which soon morphed into a shortage of children’s ibuprofen. We apologize, but this video has failed to load. Try...

Projects at least another 75 basis points of increases by the end of 2023 The Federal Reserve raised interest rates by half a percentage point on Wednesday and projected at least an additional 75 basis points of increases in borrowing costs by...