Author Archives: Danielle Park

Despite snow banks and cold temps in much of Canada, property owners are getting a jump on what they hope will be strong spring demand. New property listings leapt 11% nationwide from December to January, the largest monthly increase in … Continue reading →

Despite a 200 basis point drop in the Bank of Canada’s overnight rate, Canadian mortgage rates have more than doubled from the pandemic’s easy credit days when buyers were engulfed in bidding wars (5-year fixed rates offered by banks, below … Continue reading →

The latest Canadian Joe Debtor study finds that the average insolvent debtor owed $60,678 in unsecured debt in 2024, an increase of 12.2% from 2023—the largest annual rise since the study began in 2011. Driving the surge was a sharp … Continue reading →