Big Six results analysis, BoC and rate cuts, Feds' GST move, Rising prices, More

What do the Big Six's Q3 earnings say about the Canadian economy? View web version | Forward to a colleague 15 September 2023 Top News What do the Big Six's Q3 earnings say about the Canadian economy? Further uncertainty is on the way – but the banking giants appear poised to weather any coming storms, says analyst When will the Bank of Canada start lowering interest rates? Canadian GDP has declined for four consecutive quarters Recovering from a variable rate Overwhelmed by variable-rate mortgage payments and recovering from medical treatment, this client turned to their mortgage broker for help. Our BDM and underwriter proposed refinancing with a 35-year amortization to help reduce monthly payments and pay off debt. This was the relief the client needed to get back on track financially Bridgewater Bank Federal government removes GST from new apartment construction The step is just the first in a set of housing-focused measures that authorities will be introducing, Trudeau says Is Canada 'addicted' to rising home prices? Political leaders have not yet addressed the root of Canada's affordability problem, says founder of Generation Squeeze Household debt-to-income ratio slightly eases in Q2, says BMO Canadians' disposable incomes continue to outpace their borrowing, according to a new report Canadians still gung-ho despite rising rates Success of one company highlights enthusiasm Union backs tough restrictions on rent increases Report suggests landlords should be prohibited from hikes International News NZX-listed bank accuses big banks of "distorting" behaviour Their deep pockets allow them to tilt the playing field, inquiry told How to put AI to work for better loan processing "The robots are not taking over" Industry welcomes expected increase in housing supply Impact on brokers, property values discussed as HAFF Bill passes parliament Could AI do a broker's role? Brokers views vary on the capability of AI in the sector CMPTV The value of building a community, not customers Centum's Chris Turcotte looks ahead to the much-anticipated Canadian Mortgage Summit Want to change how you receive these emails? You can manage preferences or unsubscribe © 2023 KM Business Information Canada Ltd, 317 Adelaide street west, Toronto, ON  Privacy | Conditions of Use | About Us | Contact Us

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