The Royal Bank of Canada announced Friday it's hiking interest rates on mortgages, in a move that could signal that rates for home loans have passed t...

TORONTO - A new Harris/Decima poll conducted for CIBC says half of the respondents had been able to reduce their debt level over the past 12 months.It...

While the concerns regarding the potential negative impact of certain high interest loans are legitimate, the debate has failed to consider the context in which high interest loans exist. It is too simple to label a loan "high interest" by looking only at the annualized interest rate. There are many other factors that determine the true cost of borrowing.

Bank of Canada governor Mark Carney says interest rates may need to rise to discourage excessive borrowing, but adds there is evidence Canadians are a...

OTTAWA - The Bank of Canada is warning that its own low interest policies and those of central banks around the world are adding another layer of risk...

TORONTO - The Bank of Canada is expected to announce this week that it is leaving interest rates unchanged and continue to give the impression that it...

Mark Carney's successor as governor of the Bank of Canada is not expected to implement a radical change in interest rate policy and most likely will h...

OTTAWA - The Bank of Canada's second in command is continuing to suggest that interest rates will rise over the medium term, even as economists say tu...

TORONTO - The Royal Bank of Canada predicts the Canadian economy will grow by 2.1 per cent this year, and that the central bank will gradually raise i...

Canada’s fiscal policymakers are working to cool off the country’s overheated real estate market, tightening lending restrictions and warning buye...

TORONTO - Canadians who are worried about the amount of interest they pay for borrowing money could be relieved to hear the central bank decided Tuesd...

OTTAWA - Canada's financial industry regulator is looking into whether an interest rate rigging scandal that has rocked global banks could happen in C...

OTTAWA - New private sector forecasts see Canada's economy struggling to maintain momentum in the next two years, held back by weak job growth and vul...

OTTAWA - Is the next move for Mark Carney to cut interest rates?The question would have seemed unthinkable a few weeks ago given that the Bank of Cana...

OTTAWA - Moves by the federal government to tighten mortgage lending rules aren't doing enough to cool the housing market in the hottest regions in th...

OTTAWA - A strong signal that Canadians could soon face higher borrowing costs was sent Tuesday as the Bank of Canada indicated it's getting ready to ...

OTTAWA - Bank of Canada governor Mark Carney often talks about the danger of too much household debt — but he's unlikely to do anything about it whe...

OTTAWA - The Bank of Canada is getting a little more optimistic about the domestic and global economies, although growth is far from strong enough for...

Bank of Canada governor Mark Carney could look to raise interest rates if excessive borrowing by Canadian consumers and companies risks hurting the ec...

OTTAWA - Ottawa is prepared to once again intervene to discourage home buying if necessary, Finance Minister Jim Flaherty said Tuesday after the centr...

TORONTO -- Record high Canadian household debt levels will factor into how the economy shapes up in 2012, leading to a slowdown in consumer spending o...

OTTAWA - The Bank of Canada is keeping interest rates at ultra-low levels for a while longer, warning that the economy is facing a series of shocks fr...

MONTREAL - Bank of Canada governor Mark Carney says growing access to capital should make Canadian businesses confident to invest, despite the financi...

Household debt levels have reached a new high, increasing the vulnerability of average Canadians to unexpected economic shocks just at a time when unc...

Consumer spending will be a crucial part of Canada's economic recovery, economists say, but with Canadians' debt levels already at record highs, that ...