The Competition Bureau fed Canadians to the wolves when approving RBC's takeover of HSBC, and Conservative Leader Pierre Poilievre wants people to know it. “We have far too much" concentration in mortgage lending, Poilievre told BNN Bloomberg today. "We have these monstrous, government-protected behemoths that dominate

Buried in OSFI's consultation feedback on Monday was this line: "Insured borrowers...are exempt from the re-application of the MQR when switching lenders at renewal." Most mortgage advisors know that this switch exemption applies to grandfathered mortgages—e.g., insured mortgages that closed before November 2016.

Every month, Bay Street economists play a game of economic bingo, and this month, they had their dabbers ready for a 4.0% inflation print. Instead, StatsCan pleasantly surprised us with 'just' 3.8%. Almost all of Canada's economist herd is now moving in the same

It turns out nine months is not only enough time to make a baby, it's enough time to answer regulatory feedback. After three quarters of nail-biting anticipation, Canada's bank regulator has replied to feedback on the B-20 mortgage guidelines it proposed in January. For those new