Trump vows huge tariffs, Stress test removed, BoC rate cut, Banks’ Q4 preview, More

Are new stress test rules a game changer for brokers? View web version | Forward to a colleague 26 November 2024 Top News Are new stress test rules a game changer for brokers? Viewed as a move that will increase competition and help homeowners shop around at renewal time, a rule change is seen as a 'huge win' for borrowers and brokers alike Trump vows huge tariffs on all Canadian imports President-elect threatens bombshell 25% levy beginning on day one of presidency Refinancing Made Simple for the Self-Employed Discover how we helped a mortgage broker use bank statements to prove their self-employed client's income unlocking funds to grow their business and secure their retirement goals. Our flexible mortgage solutions make deals happen. Check out this real-life scenario now Bridgewater Bank By how much could the Bank of Canada cut rates in December? Could an oversized rate reduction be on the way? Canadian banks brace for softer Q4 earnings Analysts anticipate a more cautious outlook from Canadian lending giants in 2024's final quarter Freeland hopes GST holiday will lower impact of so-called 'vibecession' Starting December 14, Canada will waive GST on key goods for two months to ease financial struggles Canada food inflation outpacing wage growth The trend is fuelling significant worker angst International News Are reverse mortgages set to take the market by storm in 2025? Their uptake has dwindled since 2009 – but reverse mortgages could be on track for a comeback next year, according to a top broker Major lender cuts product rates It becomes first high street lender to reduce rates in recent weeks Retail spending flat in Q3, recovery expected by mid-2025 Retail spending dips marginally, with Westpac and ASB predicting a gradual recovery Housing bills to pass after Greens backflip Support clears the way for the Help to Buy and Build to Rent schemes Want to change how you receive these emails? You can manage your preferences or unsubscribe. © 2024 KM Business Information Canada Ltd. 317 Adelaide Street West, Toronto, ON Privacy | Conditions of Use | About us | Contact us

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