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Home Capital operates only in Canada where it holds the largest market share in the uninsured mortgage market. [9] Although traditionally serving the uninsured mortgage market, insured mortgages represent the fastest growing business segment. [9] Assets under administration represent 36.9% of total assets when combined with assets under ...
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goeasy Ltd. is a Canadian alternative financial services company based in Mississauga, Ontario.It operates with three business units – easyfinancial, which offers loans to non-prime borrowers; easyhome, which sells furniture and other durable goods on a lease-to-own basis; and LendCare, a provider of point-of-sale consumer financing.
Household International was a provider of consumer loans and credit cards in the United States, Canada and the United Kingdom. In October 2002, Household International settled for US$486 million charges of predatory lending by attorneys general in 46 U.S. states.
Home delistings reached a nine-year high in December after the market was inundated with sellers but not enough buyers.. An influx of housing inventory has left homeowners pulling their listings ...
Toronto-Dominion Bank has frozen two personal bank accounts into which C$1.4 million ($1.1 million) had been deposited to support protesters fighting the Canadian government's pandemic measures, a ...
In March 2015, the International Monetary Fund reported that Canada's high household debt was one of two vulnerable domestic areas in Canada's economy; the second is its overheated housing market. [167] According to Statistics Canada, total household credit as of July 2019 was CAD$2.2 trillion. [168]
Something to note is that Canada's largest companies by value, and largest employers, tend to be foreign-owned in a way that is more typical of a developing nation than a G8 member. The best example is the automotive sector, one of Canada's most important industries. It is dominated by American, German, and Japanese automotive giants.