With more than two decades of editorial experience, Brian Kagan has been copyediting and proofreading for companies across a variety of industries such as small business, marketing, travel, health and ...

Brett Surbey is a corporate paralegal and writer based out of Alberta. His work has appeared in Publishers Weekly, Thrive Insider, and various academic journals. He lives with his wife and two ...

TORONTO, Oct 20 (Reuters) - Canada's main banking regulator has directed lenders to hold more capital against mortgages that have seen their repayment terms extend beyond the original terms due to the ...

As of January 1, 2025, Canada’s criminal interest rate officially reduced to 35% annual percentage rate (APR), and payday loan costs are now capped at $14 per $100 borrowed. On the surface, these ...

TORONTO, July 13 (Reuters) - The Bank of Canada's interest rate hike on Wednesday and prospects of more increases heighten risks to mortgage lenders as homeowners are likely stay in debt longer as ...

The Windsor-based company is streamlining home buying with a tech-driven process. Rocket Mortgage Canada, a digital mortgage broker and a division of Rocket Companies, announced it is expanding its ...

TORONTO (Reuters) - The struggles of Canadian lender Home Capital Group are pushing more borrowers toward less regulated mortgage providers, raising the risks for them and the wider property market.

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Lars Peterson joined Investopedia in 2023 as a senior editor of financial product ...

TORONTO, Oct 20 (Reuters) - Canada's banking regulator said on Friday that its revised guidelines that go into effect in 2024 will require lenders to hold more capital for negatively amortizing ...

Lenders that use Inovatec Systems now have reinforced tools to originate auto loans with more confidence about the consumer connected to the contract This week, the provider of cloud-based software ...