Bond yields jumped and lenders shelved plans for a Spring mortgage rate sale as the cost of living in frosty Canada took a big turn in the wrong direction. Economists at BMO called the event “massive.

Hudson’s Bay Corp. owes about $1 billion in debt, plus whatever it will cost to unload 9,000 employees. The company said that recently it has about $3 million on hand, in cash. That’s enough to run ...

Professor Bessembinder and his associates utilized security data from the Center for Research in Securities Prices (CRSP).

Two more sleeps and the 35-year mortgage is kaput. Despite the buying orgy that seemed to precede this move by Ottawa to save us from ourselves, house sales fell in February. But anxiety rose. In fact ...

The following review appeared today (March 15) in Canada’s largest newspaper, the Toronto Star. It’s also the paper which carries the greatest amount of real estate advertising in Canada – at least ...

Just seven more sleeps until the big budget next Tuesday, when we get to see if there’s more to modern Liberalism than a really bitchin’ selfie. As you might imagine, rumours are flying. The latest is ...

Since the goofs at the Bank of Canada lowered the key rate a weensy quarter point in January, the dollar has lost more than 5% of its value. More clobbering on Friday, as it shed another half-cent, ...

Since the end of the Global Financial Crisis in mid-2009, the US equity market has achieved an average annual return of over ...