Canadian banks facing conundrum over $55.5 billion
After nine months of stockpiling capital to ensure they could withstand the strains of the pandemic, Canada’s biggest banks are facing a new problem: how to spend all that extra…
Buying or selling – key projections for Canadian real estate in 2021
Human beings are obsessed with knowing the future. Despite all the evidence to the contrary – shoddy weather reports, champions getting knocked-out in the first round of the playoffs by…
Revealed – how high reverse mortgage debt became in Canada in 2020
The borrowing spree of Canada’s elderly is showing no signs of slowing down, with the national reverse mortgage debt balance swelling by 12.55% annually to reach $4.42 billion before the end…