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  • Canadian Mortgage Borrowers Received “Over 8,000 Relief Measures”: FCAC
    by Stephen Punwasi on December 20, 2024 at 8:41 pm

    Who needs a pandemic when every day can be an “exceptional circumstance” for the market? A new report from the Financial Consumer Agency of Canada (FCAC), the country’s consumer watchdog, outlines the extraordinary mortgage relief measures it continues to deliver via the country’s banks. The agency delivered more than 8,000 mortgage relief measures over a The post Canadian Mortgage Borrowers Received “Over 8,000 Relief Measures”: FCAC appeared first on Better Dwelling.

  • Canadian Dollar Plunges As Bank of Canada & Federal Reserve Diverge
    by Stephen Punwasi on December 19, 2024 at 6:57 pm

    The Canadian and American economies often move together, but the loonie is the latest sign that won’t be the case this time. The Canadian dollar has been plunging against the US dollar, a.k.a. Greenback. That loonie’s erosion was amplified this month as the two central banks diverged on outlooks for their respective economies, with the The post Canadian Dollar Plunges As Bank of Canada & Federal Reserve Diverge appeared first on Better Dwelling.

  • Canadians Still Moving To Alberta, East Coast Appeal Fizzles Out: BMO
    by Daniel Wong on December 18, 2024 at 7:38 pm

    The pandemic kicked off a Great Migration for Canadians, who fled expensive provinces for affordable housing. That boom is ending for Atlantic Canada, but continues in Alberta according to a new analysis from BMO Capital Markets. They found the two biggest losers are BC and Ontario, where people continue to flee the sky-high cost of The post Canadians Still Moving To Alberta, East Coast Appeal Fizzles Out: BMO appeared first on Better Dwelling.