Syndicated equities have been erroneously sold as syndicated mortgages
The Canadian dollar is under even more pressure after the release of weaker-than-expected economic data on Friday.
For those looking for the ultimate in downsizing living in a box could be the answer.
One big bank has offered an explanation for why its prime rate doesn’t match the Bank of Canada’s overnight rate, but brokers aren’t exactly sold.
Despite rate slashes from conventional lenders, many private mortgage providers haven’t budged on rate and brokers may not buy their reasoning for holding out.
A professional development expert shares her top tips for interviewing potential staff, and potential pitfalls to avoid.
A forecast from CIBC World Markets predicts that the bank of Canada will make a further 0.25 per cent cut to interest rates in March despite the current weakness of the Canadian dollar.
The Bank of Montreal has announced that it has cut 0.50 per cent off its variable rate loans to small businesses under the Canada Small Business Financing Program.
Canadian households can expect higher grocery bills due to the weakened dollar.
In the wake of falling rates, private lenders may have a tougher time selling clients on higher rates; but not if expectations are properly managed.
The big banks’ decision to lower their prime rates – but not fully match the mark set by the Bank of Canada – was about balancing the economy, according to one bank analyst.