Season’s Greetings! In an irrational moment of nostalgia and subtle encouragement from well-intentioned but horribly misguided parties, I have decided (for now) to bring Treasury Guy out of retirement. It’s been many moons since my last post, and it remains…

Government efforts to get more homes built are, finally, meeting with some limited success but economic and market conditions suggest it is going to be a long, uphill climb. Since the middle of September Ottawa has been able to trumpet…

Today, the Bank of Canada increased its overnight interest rate to 5.00% (+0.25% from June) because of the “accumulation of evidence” that excess demand and elevated core inflation are both proving more persistent and after taking into account its “revised…

When you’re looking for a new mortgage or refinancing, lenders will look at both your debt servicing ratios and your credit score as part of the process. Your debt servicing ratios give lenders information about your ability to repay the…