‘Justinflation’ can’t be said in the House of Commons, but MPs are trying anyway

‘Justinflation’ can’t be said in the House of Commons, but MPs are trying anyway

Speaker of the House of Commons Anthony Rota looks on during Question Period in the House of Commons on Parliament Hill in Ottawa on June 16.Justin Tang/The Canadian Press The Conservatives’ cheeky term for inflation under the Liberals has got some MPs into trouble in the House of Commons, where saying “Justinflation” has been deemed … Read more

Robert McLister: You’re unlikely to qualify for ultralow mortgage rates

Robert McLister: You’re unlikely to qualify for ultralow mortgage rates

Welcome to Mortgage Rundown, a quick take on Canada’s home financing landscape from mortgage strategist Robert McLister. Look online and you’ll see mortgage rates as low as 3.44 per cent for a five-year variable and 4.19 per cent for a five-year fixed. Seems like a steal, right? Especially in a world where the best deals … Read more

US Supreme Court Justice Stephen Breyer to officially retire on Thursday

US Supreme Court Justice Stephen Breyer to officially retire on Thursday

US Supreme Court Justice Stephen Breyer speaks during an event at the Library of Congress, in Washington, on Feb. 17.Evan Vucci/The Associated Press Liberal US Supreme Court Justice Stephen Breyer will officially retire on Thursday, paving the way for President Joe Biden’s appointee Ketanji Brown Jackson to be sworn in to the lifetime position to … Read more

Rising interest rates have brought back the 5 per cent GIC

Rising interest rates have brought back the 5 per cent GIC

We’ve hit a milestone in conservative investing – a 5 per cent return from guaranteed investment certificates. Oaken Financial, an online player in financials services, says it will offer 5 per cent for a five-year term starting Friday. The new rate for the one-year term seems a milestone as well: 4.05 per cent. Rising interest … Read more