The Canada Revenue Agency recently announced the prescribed rate for the second quarter of 2025—the period from April 1st, 2025 to June 30, 2025. The rate, which is based on the three-month average of Government of Canada Treasury bill yields, will remain unchanged at 4 per cent for the second straight quarter. As outlined in […]
It’s no surprise that debt-carrying entrepreneurs have been on edge of late. They’ve watched interest rates climb steadily over the past 18 months, pushing well past the historic lows that became normalized in the soft recovery that followed the Great Recession of 2008-09. Indeed, the Bank of Canada raised its benchmark rate several times over […]
When the Office of the Superintendent of Financial Institutions’ (OSFI) implemented new rules earlier this year designed largely to cool the red-hot housing markets in Toronto and Vancouver, many economists lauded the move. Indeed, housing affordability has emerged as a major issue in Canada in recent years, particularly in our largest cities. Many homes that […]
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