The Economy
Get the Big Picture!
Understanding the Credit (Default) Premium
Determining how the Credit (Default) Premium compensates investors for the risk that the bond issuer may default on its payments.
Bank of Canada’s Economic Outlook
The Bank of Canada has published its economic outlook based on questionnaires to Canadian businesses and consumers.
Interest Rates and the Canadian Dollar
Ever wondered how interest rates affect the value of a country's currency? Buckle up and let's dive into the intriguing world of currency and interest rates! The Relationship Between Interest Rates and Currency Value Central banks often increase interest rates to...
Why Immigrants are Crucial for Canada’s Economy
Discover the important role immigrants play in filling job vacancies, supporting retirement funds, and contributing to Canada’s economic growth.
Why a 3-Year Fixed Mortgage May be a Bad Choice in 2024
Thinking of getting a three-year fixed mortgage in 2024? Read this blog post to find out why basing your decision on future interest rate expectations may not be a good idea.
Small Business Debt: A Growing Concern for Canada’s Economy
Discover the growing concerns surrounding small business debt in Canada. Learn about the struggles faced by these businesses, the importance of supporting them, and the government’s role in preventing economic failure.
Why America Thrives and Canada Struggles
Explore the reasons behind America’s economic success and Canada’s struggles. Discover why high household debt, job losses, government spending, productivity, and high interest rates have shaped the outcomes. Find hope in upcoming interest rate reductions and the Canadian government’s efforts to address the deficit.
Why Canadian Interest Rates Remain High?
Despite indicators indicating a decline, the Bank of Canada is not reducing interest rates. Due to a mismatch between money and goods, inflation and interest rates remain elevated. This blog investigates the causes and effects of this phenomenon on the Canadian...
How Alberta Leaving CPP Impact You
Recent consideration by the Alberta government to withdraw from the Canada Pension Plan has ignited a heated debate. Numerous Canadians are concerned about this proposal's potential drawbacks and effect on retirement security. In response, Alberta has launched an...
Household Financial Stress Over High Interest Rates
Canadians are struggling to make ends meet amidst the strain of elevated interest rates. Many are concerned about the future due to the Bank of Canada's decision to maintain rates. In this article, we will discuss the effects of high interest rates on households, the...
Featured Publications
Articles
- Extended Amortizations and Hypothetical Calculations
Office of the Superintendent of Financial Institutions (OSFI) - Minimum Qualifying Rate for Uninsured Mortgages
Office of the Superintendent of Financial Institutions (OSFI) - Residential Mortgage Underwriting Practices and Procedures
Office of the Superintendent of Financial Institutions (OSFI) - Guideline on Existing Consumer Mortgage Loans in Exceptional Circumstances Financial Consumer Agency of Canada
Book: “The Program”
- Part 1 – Building Your Down Payment
- Part 2 – Mortgage Payoff Strategies
- Part 3 – Building Wealth Through Real Estate