Royal Bank of Canada boosted its first-quarter net income by 24 per cent to $3.03 billion
It’s a trend that’s been seen in New York and has sparked criticism and now it’s also being seen in Toronto.
Credit agency Equifax says that Canadians are increasing their debt levels, fuelled by mortgages and personal loans.
A major broker gripe about a big bank mortgage policy has finally been addressed by Finance Minister Joe Oliver and more transparency about the practice is forthcoming.
Canadian brokers don’t buy the premise that a move from an up-front commission-based structure to a fee-based model will result in better loan quality.
The Global Financial Crisis has fundamentally changed how the financial services industry approaches a number of issues, one of which is ethics.
A new report from consulting firm Altus Group predicts that condo building could push overall housing starts to record levels this year.
A single-family detached home in the Vancouver area is getting more expensive, with the benchmark home price index rising 6.6 per cent in August from a year earlier, to $984,300.
Edmonton is seeing increased interest and the population growth is pushing prices higher.
Many homeowners are concerned by fracking with environmental worries paramount.
At a time when lenders are increasingly focusing on alternative lending, one major player – known for its alternative offerings – has announced new prime products.