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The Dallas Federal Reserve rated Canadian real estate as "exuberant" beginning in 2003. [1] From 2003 to 2018, Canada saw an increase in home and property prices of up to 337% in some cities. [2] In 2016, the OECD warned that Canada's financial stability was at risk due to elevated housing prices, investment and household debt. [3]
The Canadian federal budget for the fiscal years of 2024–25 was presented to the House of Commons by Finance Minister Chrystia Freeland on 16 April 2024. [1] The budget's slogan is "Fairness for every generation", suggesting the government planned to help younger people.
PSP Investments is one of Canada's largest pension investment managers, with CAD $264.9 billion of net assets under management in fiscal year 2024. [1] More than 1000 professionals manage a diversified global portfolio composed of investments in public financial markets, private equity, real estate, infrastructure, natural resources and private ...
If you're a homeowner with a 3.5% mortgage and you sell your house and buy another one for the same price, you've just basically doubled your monthly mortgage payments,” said Rick Sharga, a real ...
Head office of the Correctional Service of Canada in Ottawa. The Correctional Service of Canada (CSC; French: Service correctionnel du Canada), also known as Correctional Service Canada or Corrections Canada, is the Canadian federal government agency responsible for the incarceration and rehabilitation of convicted criminal offenders sentenced to two years or more. [3]
Ontario Premier Doug Ford said Canada is "not for sale" amid a flurry of comments from President-elect Donald Trump about the country potentially becoming a part of the United States. "I love the U.S.
Other parts of Canada's retirement system are private pensions, either employer-sponsored or from tax-deferred individual savings (known in Canada as a registered retirement savings plan). [1] As of June 30, 2024, CPP Investments (CPPI) manages over C$646 billion in investment assets for the Canada Pension Plan on behalf of 22 million Canadians ...
The increase is occurring with the price of homes rising steadily. The average rate on a 15-year fixed-rate mortgage, popular with homeowners seeking to refinance, climbed to 6.13%, up from 6% and ...