My fellow partisans: How we can yell at each other more thoughtfully + MORE Mar 31st

Interested in learning more about property mortgages in Canada? Look no further!
Latest News

Stress Test Causing National Housing Slump: CREA May 21st

The Canadian Real Estate Association (CREA) blames the mortgage stress test introduced in January for slow activity across the nation in April. The housing market has cooled in all respects from April of last year, when the market peaked: the average sale price declined by 11.3 per cent to $495,000,.... More »
 mortgage buyout

Not just new buyers: Mortgage stress test rules putting the squeeze on renewals, too + MORE May 15th

It's not just new homeowners who are feeling the impact of higher interest rates and tougher lending standards: even those who've already bought are feeling the heat..... More »
 property mortgage

BREAKING: Ontario Car Insurance Rates Increase + MORE Apr 21st

Here at RateSupermaket.ca, we keep you in the loop of different ways to save, whether it be on your mortgage, through investments, or on your car insurance. The Financial Services Commission of Ontario (FSCO) has reported that Ontario car insurance rates have increased by 2.23 per cent on average.... More »

Bank of Canada raises benchmark interest rate to 1.5%, noting trade tensions - CBC.ca + MORE Jul 11th

CBC.caBank of Canada raises benchmark interest rate to 1.5%, noting trade tensionsCBC.caFor the fourth time in a little over a year, the Bank of Canada has raised its benchmark interest rate, a move that will increase the cost of borrowing for Canadians with variable-rate mortgages and lines of cred.... More »

Customer says BMO ignored her plea to cap limit on joint line of credit with ex: debt more than doubles + MORE Apr 9th

An Ontario woman says she is furious that her bank repeatedly increased the limit on a joint line of credit she had with her then-husband, allowing him to rack up debt for which she is responsible. She wants banks to have to get permission before increasing a customer's line of credi.... More »
Jason Lietaer is a conservative strategist and commentator who is the president of the national communications firm Enterprise Canada. He is an aspiring participant of championship parades to be held for the Leafs and Raptors.
Over the past several years, fuelled by the rise of social media and an increasingly politically divided populace around the world, excessive partisanship has flourished. It’s a growth industry. If it were a stock, you would buy. You would mortgage your house to buy and then buy a little more on margin, just to be safe.
I think most thoughtful people consider this is to be bad. The tone of the last U.S. election campaign could be compared to a raging dumpster fire, but that would be an insult to dumpsters, to fires, and to dumpster fires.
One of the men in my line of work, a genuinely nice guy named Ian Capstick, wrote a piece in Maclean’s announcing he was done with partisanship. The piece calls for more empathy, more reasoned debate and a little bit of self-awareness…

Continue Reading On macleans.ca »

OTTAWA _ The Canadian economy contracted 0.1 per cent in January, hurt by unscheduled maintenance shutdowns in the oilpatch and weakness in the real estate sector following mortgage rule changes, Statistics Canada said Thursday
The agency said the drop in real gross domestic product for January compared with growth of 0.2 per cent in December.
Economists had expected an increase of 0.1 per cent for the first month of the year, according to Thomson Reuters.
“This year started off with more of a whimper than a bang, at least from a growth perspective,” TD Bank senior economist Brian DePratto wrote in a report.
“As usual though, the trend is more important than the noise. Clearly the pace of economic activity has moderated from last year’s red-hot first half performance, but this is to be expected in an economy with little slack remaining.”
Goods-producing industries fell 0.4 per cent in January, while services-producing industries was essentially unchanged for the month…

Continue Reading On canadianbusiness.com »

Share

PinIt
Compare insurance quotes through Kanetix.ca - save time and money!