The changes to OSFI's B-20 guideline which will tighten mortgage lending criteria from January has not been widely welcomed, but Fitch says it's a good thing
Atrium Mortgage Investment Corporation has announced that shareholders will be paid a monthly dividend for June of $0.07 per common share.
Canada’s “best place to live in”, according to a survey, is a small town of about 40,000 residents on the South Shore.
Competition for Canada’s existing detached properties are heating up as the benchmark price went soaring high 14.1 per cent in May compared to the numbers from a year earlier.
Banks and mortgage lenders that charge fees to make certain payments including some mortgage, loan and withdrawals are in the spotlight following complaints from consumers.
The Bloomberg Nanos index of Canadian consumer confidence has remained relatively stable for the week to May 29.
Scotiabank has appointed a new group head of Canadian banking.
Credit union and mortgage lender Meridian has opened its first office in Cambridge.
Defaults on mortgages insured by the Canada Mortgage and Housing Corporation accounted just 0.34 per cent of its total book for the first quarter of 2015.
Almost as soon as Canada’s GDP figures were released economists began talking about the potential requirement for a further cut in interest rates.
Canada’s biggest banks all reported results last week and exceeded expectations.