The next economic downturn will result in higher credit card losses at Canadian banks than the last recession due to the “unprecedented” levels of consumer debt fuelled by the housing boom, says Moody's Investors Service.
Sockeye salmon sit on a commercial fishing boat as they're unloaded at Steveston Harbour during a 32-hour fishery window in Richmond, B.C.
Robo-adviser Wealthsimple has launched a new investment portfolio for observant Muslims, a move the company says builds off its success targeting smaller, underserviced groups of investors.
Victoria-Beacon Hill MLA Carole James is the new minister of finance and deputy premier Photograph By . Related. Costs for record-breaking wildfires soar in B.C.
Ottawa residents are carrying increasingly large mortgages as the city's home prices rise, but so far don't appear to be having problems servicing their growing debts, a new report says.