How to make Canada’s low inflation work for your money – Ask a Vancouver Mortgage Broker

ROB CARRICK–  The Globe and Mail The economic situation today is as good as it gets for your household finances. Inflation’s low at just a bit above 1 per cent and wage increases average about 2 per cent. “Statistically speaking, we’re doing better,” said Benjamin Tal, deputy chief economist at CIBC World Markets. “But don’t […]

Consumers cope as prices rise

Canadians are digging in and watching their pennies, finding new — and old — ways to cope as the country’s highest inflation rate in eight years smacks up against record consumer debt levels. According to the RBC Canadian Consumer Outlook Index, released Wednesday, Canadians are carrying an average $13,058 in personal debt — not including […]