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Downside Surprise to U.S. Inflation

U.S. inflation came in cooler than expected, much to the delight of those who worship at the altar of cheap borrowing. Nonetheless, some economists are reminding everyone that this might be the part in the horror movie where the lights come back on—right before the axe drops. Here&

CRA Provides Update on Income Verification Tool

The 2024 Fall Economic Statement announced that the Canada Revenue Agency (CRA) had reached out to mortgage originators and financial institutions. Their purpose was to brainstorm the best design for a new tool to combat mortgage fraud. Unfortunately, since CRA's industry consultation was publicized, it's been
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