Clients who recently bought with variable rate mortgages could face significant monthly bill hikes
Ex-fund rep misappropriated client money and disappeared
Those who owe more than 65% of the loan value will have to pay a portion toward the loan principal
Both mortgage and non-mortgage debt rose in April
Incomes grew faster than debt in the first quarter
A Manulife survey also found that two-thirds of Canadians don't view homeownership as affordable
Credit card debt rises for second straight month, outpacing mortgage growth
Australia is most exposed to higher rates, a Fitch report said, while Canada ranked fourth
Firm, directors settled allegations of securities violations
Both household assets and debts are well above pre-pandemic levels, RBC reports