For data-dependent central banks, the next 12 days offer a smorgasbord of indicators. CPI, GDP, jobs numbers, inflation expectation surveys, you name it. Investors have wagered ungodly sums on the inflation picture improving this summer. This next batch of data is crucial to them being right, and to the lid

Qualifying for a mortgage takes a lot more strategy than it used to. And banks are no longer the right move for millions of Canadians, as this chart below illustrates. The share of mortgage business now flowing to credit unions, private/MIC lenders, and other non-banks is remarkable. Federal policy

Few Canadians understand how crucial the Canada Mortgage Bond (CMB) program is to facilitating more mortgage options and lower rates. Given all the government-imposed costs and limits on the CMB and #NHA MBS# programs since the #GFC# (wow, that's a lot of acronyms for one sentence), we wonder

Canada's average home price has rocketed 19% from January's low. Regardless of one's opinion of average prices as a measure, that's monumental. By June 7, Tiff & Co. at the BoC had seen enough. Their deliberations, published Wednesday, confirmed that resale housing&