Canadian Banks Among Strongest In The World, Bloomberg Markets Survey Finds

Canada’s banks may have needed massive financial aid during the banking crisis of 2008, but they’ve recovered nicely -- or at least better than many banks elsewhere,according to a survey from Bloomberg Markets.

Australia the most ‘obvious’ bubble in 30 years

As far as bubbles go, they don’t get more obvious than Australia, according to one economist and noted bear.

Why smaller down payments can lead to better mortgage rates

Consumers with less than 20% down must get mortgage default insurance in Canada if they are borrowing from a federally regulated bank.

Banks got $114B from governments during recession

Canada's biggest banks accepted tens of billions in government funds during the recession, according to a report released today by the Canadian Centre for Policy Alternatives.

CMHC could be pulled out of mortgage insurance business, Flaherty says

Finance Minister Jim Flaherty would consider taking Canada Mortgage Housing Corp. out of the mortgage default insurance business he told the National Post’s editorial board.