It's a worrying sign for an economy that has relied so heavily on consumer spending and the housing market to drive growth. ... More

From a personal finance point of view, Toronto real estate makes your head spin. Monthly price increases for resale houses in the city are amazing enough in their own right. ... More

Canadian household debt hit a record high in the third quarter, as the country’s love affair with low interest rates fuelled another round of heavy borrowing. ... More

Canadians continued to pile up non-mortgage debt compared with a year ago but delinquency rates remained low, according to credit monitoring agency TransUnion. ... More

Canada’s new mortgage rules risk pushing borrowers deep into the shadow lending market, with brokers set to line up secondary loans with private lenders as a means of ... More

The new mortgage rules being introduced by Ottawa next week are already having a “crippling” impact on non-bank mortgage lenders according to online broker Butler ... More

The Liberal government has announced sweeping changes aimed at ensuring Canadians aren’t taking on bigger mortgages than they can afford in an era of historically low ... More

Canadian’s household debt continued its upward trajectory in the fourth quarter of 2015. The latest data from Statistics Canada shows that average debt rose by 1.5 per cent ... More

Canadian household debt hit a new record in the third quarter, as borrowing rose faster than income. Statistics Canada said Monday the amount ... More

David Wolf of Fidelity Investments says that the Bank of Canada may end up slashing interest rates to zero in the next 6 to 18 months. With oil prices showing more strength and ... More

Canada’s overheated housing market is starting to feel the effect of Europe’s negative interest rates. ... More

Typical first-time Canadian home buyers tend to be childless, university-educated couples in their 30s purchasing detached homes, often with a helping hand from their families. ... More

OTTAWA - Bank of Canada governor Stephen Poloz says the economy has been suffering from the effects of an "oil shock," so he prescribed a remedy: an unexpected interest ... More