CRA report backs industry calls for digital tool to fight mortgage fraud
The Canada Revenue Agency has released findings from its industry consultation on a proposed income verification tool,…
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Alberta, Ottawa putting $203 million into new affordable housing units
Alberta and Ottawa have signed off on $203 million for new affordable housing projects across the province.
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Stronger jobs data likely to delay BoC rate cut
Canada’s job market turned a corner in June, beating economists’ expectations for the first time this year, though the…
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‘A remarkable human being’: Colleagues honour Andrew Moor’s legacy of leadership and innovation
This week, Canada’s financial industry lost one of its pioneers, disruptors and figureheads, and the tributes to…
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Canada’s economy stalls in April, giving BoC more room to ease
Canada's economy dipped 0.1% in April, coming in below expectations and adding to speculation that the Bank of Canada…
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Insolvency filings fall in Ontario, but signs of homeowner strain persist
Ontario insolvencies dipped in April, but the data suggest homeowners are hanging on, not bouncing back.
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OSFI keeps Domestic Stability Buffer at 3.5% amid persistent risks
Canada’s banking regulator is holding the Domestic Stability Buffer (DSB) at 3.5%, saying financial system…
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Housing construction supported 1.2 million jobs and $143B in GDP last year
New figures from StatCan show the residential housing sector remains a major economic force, even as real investment…
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