homeowners

Canadian homeowners who accessed their home equity through a loan or refinancing helped fuel household spending in recent years, according to research by staff at the Bank of Canada. Household spending moved in a similar direction to…

Conservative leader Andrew Scheer's pledge to extend mortgage amortization maximums for some homebuyers and loosen a contentious stress test would likely lead to more debt and higher property prices, some experts say. ''Oh my god,…

OTTAWA – Bank of Canada governor Stephen Poloz is holding firm on his key interest rate and showing no urgency to make a policy change, positions that come with the U.S. Federal Reserve poised to cut its rate. The Bank of Canada's…

Statistics Canada has released new Canadian Housing Statistics Program (CHSP) data on the number and characteristics of residential property owners in British Columbia, Ontario and Nova Scotia in 2018. Demographic information on individual…