CMHC warns of rising interest rates, “shocks that lie ahead”
CMHC predicts a 30-40% increase for monthly mortgage payments in the next two years for some.
Jyoti Gondek calls to hike taxes by 8% in Calgary
The property tax hike would result in an average increase of $16 a month, or $192 a year, per household.
Bank of Canada bigwigs got $20 million in bonuses, raises despite hiking interest rate seven times
Meanwhile, some Canadian families are struggling to put food on the table and gas in their tank.