At TD Securities' annual financial services conference last week, Canada's top bank cop, Peter Routledge, reminded everyone how he's not a fan of fixed-payment variable mortgages. He told the audience, "We’re making changes to capital requirements that 1) ensure both lenders and mortgage

💡If these bulletins impart a trifle of value in your daily life, your support for CMP's 'Industry Service Provider of the Year' would be sincerely appreciated! CMP accepts nominations here. Canada's closely-watched 5-year bond yield is suddenly 38 bps higher year-to-date. That's

After almost 18 years, the man who built Scotiabank’s mortgage broker business retired last month. John Webster’s departure and Scotiabank’s pullback from mortgages last year left some wondering how committed the bank was to brokers and rate competitiveness. To find out, we connected with the person stepping

💡Reader note: Stay tuned for tomorrow's MLN exclusive with Scotiabank's new mortgage head, Tracy Gomes. She outlines the bank's broker and digital mortgage plans for 2024. The Bank of Canada is feeling tension after Tuesday's frustrating inflation data. But economists never expected