MLN NewsStream

Fourteen years after redefining mortgage rate comparison, Toronto-based Ratehub is getting a fresh CEO.

Co-founders Alyssa Furtado and James Laird are reportedly passing the baton to Naga Parvatharaja. His last stint was as GM and Head of Lending at SoFi, a publicly traded U.S.-based "one-stop shop for digital financial services."

Parvatharaja inherits a business ripe with challenges but still brimming with potential.

Today's data dump was just what the rate doctor ordered.

Canadian GDP just came in softer than grandma’s couch cushions, and U.S. PCE inflation had its smallest rise of the year.

Anytime a regulator publicizes that it's concerned about "risks," it makes headlines faster than a political scandal.

Take the mortgage risks OSFI rattled off last week, for example. Predictably, every major media outlet from the Atlantic to Pacific parroted OSFI's doomy messaging like a broken record, no questions asked.

What a drag. Lack of balance is a recurring theme in regulatory communications. Canadians hear "risk, risk, risk" and get spoon-fed one side of the story with almost no context in sight.

Well, here's some context for Ottawa's narrative creators. And if they're honest with themselves and Canadians—they'll address it (in public).