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.
Category : Search result: credit delinquency rate
Saskatoon approves property tax increases for 2026-27
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.
Weak Jobs Data Signals Need for Bank of Canada Rate Cuts
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.
Pat Foran Exposes Phone Scam Targeting Canadians
CTV journalist Pat Foran shares his experience with a phone scammer attempting remote access to his device. Learn how to protect yourself from similar fraud attempts.
Canada's Big 6 Banks Navigate Risks in Q4 Earnings
Canada's Big Six banks prepare to report Q4 earnings amid trade tensions and private credit concerns. Analysts expect higher EPS but warn of geopolitical headwinds affecting outlook.
Stolen Credit Cards Used at Gas Stations: OPP
Ontario Provincial Police investigate credit and bank card theft from Paris, Ontario, with suspect images released from gas station security cameras. Stay informed about local crime.
Hamilton man charged in wallet theft and credit card fraud
A Hamilton man faces criminal charges after allegedly stealing a wallet and using the credit cards. The incident follows a W5 investigation into similar activities.
Canadian non-mortgage debt delinquencies rise in Q3 2025
Equifax Canada reports increasing non-mortgage debt payment delinquencies in Q3 2025 as financial pressures mount for Canadian consumers. Learn about the concerning trend.
Stephen Miller's 30% Inflation Claim Sparks Fury
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.
Canadian consumer debt reaches $2.6 trillion on mortgages
Canadian consumer debt surged to $2.6 trillion primarily due to increased mortgage borrowing. Learn how this impacts household finances and the broader economy.
Alberta's Credit Delinquency Rate Highest in Canada
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.
TSX surges 440 points amid Federal Reserve rate cut optimism
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.
Canadians Take on More Credit Amid Lower Interest Rates
TransUnion reports Canadian consumer debt reached $2.6 trillion in Q3 2025 as mortgage churn increases and economic disparities widen across provinces.
AI Debt Wave Threatens Credit Markets
Massive AI-driven debt sales from tech giants like Alphabet and Meta could overwhelm buyers and weaken credit markets globally. Learn about the risks.
Debt Refinancing: Benefits, Drawbacks & Credit Impact
Financial expert Christopher Liew analyzes whether refinancing your debt makes sense amid high interest rates and living costs. Learn the pros, cons, and credit implications.
Windsor-Essex living wage rises 6.2%, highest in Ontario
Windsor-Essex experiences Ontario's largest living wage increase at 6.2%, reaching $20.67 hourly. Discover how this impacts local workers and families.
Saskatchewan Tax Credit for Small Business Investment
Saskatchewan launches new tax credit program to encourage investment in small businesses, offering ownership shares for expansion. Learn how local entrepreneurs can benefit.
Ottawa's Beef Import System Keeps Prices High
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.
Credit Canada CEO's Black Friday Money-Saving Tips
Credit Canada CEO Bruce Sellery offers unconventional Black Friday advice: save 100% by not spending. Learn smart shopping strategies for the 2025 holiday season.
Record 25% of US Unemployed Hold College Degrees
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 Recovers After Fed Signals Potential December Rate Cut
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.
Fairfax's $4B Big Short on 2008 Financial Crisis
Discover how Prem Watsa's Fairfax Financial foresaw the 2008 crisis and turned a defensive bet into a $4 billion windfall through conviction and patience.
Regina forecasts 15.69% mill rate increase for 2026
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.
Variable-Rate Mortgage Savings May Be Ending
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.
US Adds 119K Jobs, Unemployment Rises to 4.4%
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.
First West Credit Union Closes $200M Note Offering
First West Credit Union successfully closed its $200 million senior deposit note offering, which was oversubscribed with $1.07 billion in orders. Learn how this demonstrates investor confidence in Canada's financial cooperative sector.
Mortgage delinquency rate falls first time in 3 years
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.
Winnipeg group concerned about Manitoba Hydro rate hikes
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.
Credit Unions Ready to Challenge Canada's Big Banks
Canadian credit unions are positioning to compete with major banks following new federal budget measures. Michael Hatch discusses the changing financial landscape.
Dye & Durham faces default over delayed financial filings
Dye & Durham Ltd. has less than a month to file its audited Q1 financial statements or face default under its senior credit agreement. Learn about the company's ongoing turmoil.
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