Managing Editor

Mortgages

Canada's Yield Curve is Inverted, Why That's Bad News

Canada's yield curve - the gap between the coupons offered by two-year and 10-year benchmark debt -- are steeply inverted right now.

Mortgages

More Rate Pain Promised in Last Bank of Canada Hike of the Year

The Bank of Canada will make its final rate announcement of the year next Wednesday, and another 25- to 50-basis-point-hike is in the cards.

Community

"It's More Complex, Acute Need": Covenant House Sleep Out to Raise Awareness for Homeless Youth

The Sleep Out Champions Edition event held by Covenant House Toronto has raised $3M in 10 years to support youth experiencing homelessness.

Toronto
Mortgages

HSBC Canada Officially Acquired by RBC for $13.5B

HSBC Canada, the Canadian arm of the British global banking giant, has officially been snapped up by RBC in a $13.5B acquisition.