Interest rates are high enough, RBC says
The forthcoming jobs report will add to the already compelling evidence that interest rates are already high enough, RBC says
Source: cantechletter.com
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StatsCan: Household debt-to-income ratio lower in Q3, service costs up
The agency said household credit market debt as a proportion of household disposable income in the third quarter fell to 181.6 per cent.
Source: torontosun.com
Statistics Canada says household debt-to-income ratio lower in Q3, service costs up
The agency said household credit market debt as a proportion of household disposable income in the third quarter fell to 181.6 per cent.
Source: calgarysun.com
Canadians brace for the mortgage renewal cliff
Higher interest rates mean mortgage payments for some Canadians could rise as much as 70%, say experts. Read more
Source: financialpost.com
Shoppers more cost conscious than ever as Black Friday kicks off holiday spending season
It's Black Friday, and Canadian shoppers have joined the born-in-the-U.S. retail frenzy to hunt for deals. But amid the heavy weight of inflation, shoppers are showing signs of being choosier than usual about where to spend their holiday shopping dollars.
Source: cbc.ca