The Bank of Canada is almost done with its current series of rate hikes, but consumers should brace for higher borrowing costs before the end, according to central bank governor ... More

Many economists say a mild recession is on the cards as they look ahead to 2023. ... More

Over the last year, the central bank issued repeated warnings about the risk investors posed to the market as they became a greater share of the country’s homebuyers. ... More

Nearly four-fifths of Canadians expect the economy to worsen over the next few months. ... More

The coronavirus outbreak is leading to defaults on credit cards, utilities, and telecoms. ... More

A measure of Canada’s consumer confidence has reported its biggest drop ever amid the COVID-19 pandemic. ... More

It's a worrying sign for an economy that has relied so heavily on consumer spending and the housing market to drive growth. ... More

Canadians are becoming more confident in the outlook for the economy, real estate prices, and their finances. ... More

Analysts are optimistic that the Canadian economy will bounce back soon, bringing with it increased consumer spending. ... More

Canadian households, the main driver of the country’s economy for the past decade, are showing signs of spending fatigue. ... More

The amount Canadians owe compared with how much they earn hit another record high last year. Statistics Canada said the amount of household ... More

Canadians continued to pile up non-mortgage debt compared with a year ago but delinquency rates remained low, according to credit monitoring agency TransUnion. ... More

Canadians are borrowing more as low interest rates help drive a thirst for credit. Non-mortgage loans increased in the second quarter of 2016 according to RBC, especially auto ... More