Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. While the interest rate should be top ...

Kevin Nishmas is an expert financial content writer with a long and successful history of working with Canada's largest financial institutions. His knack (and passion) for transforming complex ...

TORONTO, Oct 20 (Reuters) - Canada's main banking regulator has directed lenders to hold more capital against mortgages that have seen their repayment terms extend beyond the original terms due to the ...

As of January 1, 2025, Canada’s criminal interest rate officially reduced to 35% annual percentage rate (APR), and payday loan costs are now capped at $14 per $100 borrowed. On the surface, these ...

Major opportunities in Canada's alternative lending market revolve around embedding lending into platforms like Shopify, ...

TORONTO, July 13 (Reuters) - The Bank of Canada's interest rate hike on Wednesday and prospects of more increases heighten risks to mortgage lenders as homeowners are likely stay in debt longer as ...

TORONTO, Oct 20 (Reuters) - Canada's banking regulator said on Friday that its revised guidelines that go into effect in 2024 will require lenders to hold more capital for negatively amortizing ...