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The Bank of Canada lowered its key interest rate to 4.25% on Wednesday, marking the third consecutive cut since June, in response to easing inflation.

Despite rising interest rates, most Canadians continue to pay their mortgages consistently and on time, according to recent data from the Canadian Bankers Association (CBA).

Canada's economic outlook is complex, with mixed signals indicating both challenges and opportunities. 

The rate of mortgages overdue by three months or more in Canada has been gradually increasing but remains historically low, according to the Canadian Bankers Association.

The Bank of Canada has recently reduced interest rates by 0.5%

Scammers are getting quite sophisticated. They’re now using AI technology to mimic people’s real voices.