Headline inflation was a welcome surprise this morning, landing at 2.8% versus the 3% consensus. Just 12 months ago, it was hitting horrifying 4-decade highs of 8.1% Today's average core reading was less impressive, however. It eased only 1/10th to 3.8%. Until core descends

There's no shortage of vanilla lenders in this industry. We're talking primarily about non-banks that compete mainly in the insured/insurable space and offer similar products and service levels as their rivals. Becoming un-vanilla isn't easy when you're a non-bank forced to

As reported Tuesday, Canada's bank regulator plans two changes to the capital requirements of banks and default insurers. They take effect November 1 and could limit the availability of fixed-payment variable-rate mortgages at banks. According to industry executives we interviewed last week, here's the likely outcome.