Variable Mortgage Surge: Risks vs Savings
Canadian homeowners are flocking to variable-rate mortgages despite potential rate hikes. Expert analysis reveals whether the upfront savings justify the financial risk in today's uncertain economy.
Canadian homeowners are flocking to variable-rate mortgages despite potential rate hikes. Expert analysis reveals whether the upfront savings justify the financial risk in today's uncertain economy.
Saskatoon City Council has finalized mill rate increases of 6.7% for 2026 and 5.81% for 2027 after four days of budget deliberations. Learn how these changes will affect residents.
New payroll data reveals Canada's job market is weaker than believed, with 58,000 positions lost in September. Economist David Rosenberg says this cries out for more Bank of Canada rate cuts.
Canadians under 35 doubled their net wealth since 2020, but face the lowest income growth in the nation. Discover the risks to their financial future.
Five exceptional Canadian women aged 15-29 receive RBC Future Launch Future Leaders Awards for transforming communities through innovation and courage. Meet the inspiring winners.
Trump aide Stephen Miller faces criticism for claiming 30% inflation under Biden. Fact-checkers reveal the peak was 9.1%. Read the full fact-check and reaction.
Alberta's economy leads Canada with 2.3% GDP growth, yet residents face highest credit delinquency rates at 2.31%. Discover the surprising economic paradox.
Canadian markets rallied strongly with S&P/TSX composite gaining over 440 points as investor optimism about potential Federal Reserve rate cuts boosted sentiment. Discover the market drivers.
Windsor-Essex experiences Ontario's largest living wage increase at 6.2%, reaching $20.67 hourly. Discover how this impacts local workers and families.
An exclusive investigation reveals how Canada's outdated beef import permit system, controlled by a small group, is deliberately keeping prices high for consumers. Learn the facts.
A historic 25% of unemployed Americans now hold bachelor's degrees, with youth and white-collar workers facing the toughest job market since 1992.
Gold prices trimmed losses after Federal Reserve signals potential interest rate cut. Swap traders now price 68% chance of December reduction as bond yields fall.
Regina residents face significant property tax increases as city administration reveals 15.69% mill rate hike in preliminary 2026-27 budget documents. Learn what's driving the proposed increases.
Markets now predict only 33% chance of another Bank of Canada rate cut in 2026 as bond yields spike. Learn how this affects mortgage rates and home affordability.
RBC Economics reports Canada's resale market declined in October despite interest rate cuts. Montreal leads growth while Alberta markets struggle with increased supply giving buyers negotiating power.
US employers added 119,000 jobs in September as unemployment rose to 4.4%. Delayed report reveals economic strain from high interest rates and trade uncertainty.
Canada's mortgage delinquency rate declines for the first time since 2022, signaling potential relief for homeowners amid economic pressures. Learn what this means for the housing market.
A Winnipeg advocacy group expresses alarm over proposed Manitoba Hydro rate increases. Learn how these changes could impact your energy bills and what options are available.
London Mayor faces opposition from Coun. Susan Stevenson seeking deeper tax cuts in 2026 budget. Get the latest on municipal financial debates.
Canada's inflation rate fell to 2.2% in October, driven by a sharp drop in gas prices. However, core inflation measures remain elevated, a key concern for the Bank of Canada.
Economists project Canada's annual inflation rate declined in October, driven by a significant drop in gasoline prices. Get the latest analysis on the cost of living.
U.S. stock futures decline as investors reassess the likelihood of a December interest rate cut. Stay informed on the latest market movements and economic indicators.
Statistics Canada reveals immigrant mothers prevented sharper birth rate decline since 2010. Learn how immigration shapes Canada's demographic future and population trends.
Northland Power announces 50% dividend reduction amid financial challenges, causing stock to plummet over 20%. Key details on strategic review and market impact.
Newly released deliberations reveal Bank of Canada officials debated delaying October interest rate cut. Get insights into central bank's monetary policy considerations.
Halal investing is attracting broader Canadian interest beyond its Islamic foundations. RBC portfolio manager Sameer Azam explains the growth and institutional appeal of Sharia-compliant investments.
Bank of Canada considered delaying interest rate cut but opted for October reduction to 2.25% amid soft labour market and trade uncertainty. Read the full analysis.
Thousands of Winnipeggers gathered at the RBC Convention Centre to honour military service members during the annual Remembrance Day ceremony. We remember all who served.
Canada's reduced immigration targets could slow population growth to near zero, potentially delaying Bank of Canada interest rate cuts as unemployment may fall faster than expected.
Midwestern Ontario sees 2,600 job openings as unemployment rate declines. Manufacturing sector leads hiring surge with opportunities across multiple industries.