Economic Indicators

Carney gets power to ban risky mortgages

The Bank of England’s Financial Policy Committee (FPC) will soon have the power to force banks to adopt lending practices aimed at preventing an overheated housing market, reports the BBC.

By Staff |June 12, 2014

1 min read

Moody’s goes negative on Canadian banks

Outlooks for Canada’s seven largest banks have been downgraded from stable to negative by Moody’s Investor Service, the Financial Post reports.

By Staff |June 11, 2014

1 min read

Feds cut budget for jobs data research

The federal government has cut funding for employment data research by more than 20%, reports the Globe and Mail.

By Staff |June 11, 2014

1 min read

Weddings don’t have to break the bank

Canadians are thrifty when it comes to wedding gifts, with most spending $100 or less per person, whether giving cash or a gift.

By Staff |June 11, 2014

2 min read