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Lori MacDonald || June 23, 2023

Economic brief: OSFI increases capital buffer requirement for Canadian banks

Canada's banking regulator, the Office of the Superintendent of Financial Institutions (OSFI), hasannouncedan increase in the capital buffer requirement for the country's largest banks.Effective...

Lori MacDonald || June 16, 2023

Mortgage interest now one of the biggest drivers of inflation

In a twist of irony, the Bank of Canada’s interest rate hikes—meant to slow the economy and bring down inflation—are now one of the leading upward contributors to inflation.Mortgage interest costs...

Lori MacDonald || June 09, 2023

The Bank of Canada delivers another rate hike. Are more on the way?

The Bank of Canada delivered a quarter-point rate hike this week, bringing its key lending rate to 4.75%.Markets had been split over whether the Bank would choose to lift rates at this meeting or at...

Lori MacDonald || June 06, 2023

Mortgage Brokers: A resource to help achieve all of your financial goals

Some people think that the only time to reach out to a mortgage broker is when they’re in the market for a new house.But as you’ll see below, mortgage brokers can assist you with a variety of...