In a nation of borrowers, savings on the rise – Consult with Vancouver Mortgage Broker

Are Canadians switching from a nation of borrowers to a country of … savers? New numbers suggest they are. The household savings rate in Canada rose to 5.5 per cent in the first quarter of this year, according to GDP data released last week by Statistics Canada. That’s now well above the U.S. rate, which […]

Flaherty’s budget gets ‘C’ grade from 57% of business community, survey says

OTTAWA • The Conservative government’s Budget 2013 barely eked out a passing grade from Canada’s business operators, according to an Ernst & Young survey. The poll found 57% of respondents thought the document deserved a “C” grade at best, while 43% gave it a “B” or slightly higher. “Not unlike the Canadian political scene itself, […]