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The net worth of Canadian households rose sharply in the first quarter, as the value of residential real estate accelerated by a record amount in the three-month period. ... More

The Bank of Canada says its concerns are mounting that households are piling on too much debt and posing what the central bank says is a key vulnerability to the economy. ... More

Canadian households owed an average of $1.71 for every dollar of disposable income in the third quarter, Statistics Canada said on Friday. ... More

The COVID-19 pandemic has pushed Canadians to accumulate the largest amount of cash ever recorded. ... More

Canadian consumers are running out of cash, according to TransUnion. ... More

Approximately 11% of Canadian borrowers have not returned to a regular payment schedule. ... More

As payment deferrals begin to expire, Canada’s outstanding mortgage credit is now exhibiting slower growth. ... More

The strength of the Canadian real estate market has proven itself time and again during the pandemic ... More

But more challenging times could be on their way. ... More

Canada’s total balance of mortgage payment deferrals stood at over $247 billion as of the end of the second quarter, according to data from TransUnion. ... More

Mortgage insurers are not signalling enthusiasm towards the extension of six-month payment deferrals, according to an analysis by The Financial Post. ... More

The head of Canada’s housing authority implored the nation’s lenders to “reconsider” offering mortgages to highly leveraged households, saying excessive ... More

Canadian household debt has shown relatively muted increases despite growth in the mortgage segment, according to data from the central bank. ... More

Data from the Office of the Superintendent of Bankruptcy Canada (OSB) revealed that federal fiscal support and payment deferrals are helping households retain their purchasing ... More

The ratio of debt to disposable income peaked in 2017 at 178 per cent but it is currently just shy of that level. ... More

The Canadian economy took a historic dive in March as the country imposed lockdown measures to curb the spread of COVID-19 – and worse results are expected for April. ... More

Rising unemployment and high debt is expected to boost mortgage loan delinquencies in Canada, though experts say it won’t play out like the U.S. subprime mortgage crisis of ... More

Canadians' borrowing habits are back to where they were before policymakers cooled off the housing market. Lower interest rates are convincing some to borrow more. ... More

Contribution room accumulates beginning in the year in which a person turns 18 ... More

The Bank of Canada (BoC) announced today that it would keep the overnight rate at 1.75%. ... More

The average Canadian household was worth less in 2018 than in the previous year. ... More