Close X
Monday, December 2, 2024
ADVT 
National

Canadians struggling with monthly mortgage

Darpan News Desk The Canadian Press, 23 Oct, 2023 10:12 AM
  • Canadians struggling with monthly mortgage

An Angus Reid poll suggests 15 per cent of Canadians are struggling with their monthly mortgage payments.

That's up from eight per cent in March and 11 per cent in June.

And a whopping 79 per cent of those surveyed are worried or very worried they will face higher payments when it comes time to renew their mortgage.

That's despite expectations the Bank of Canada will hold its key interest rate steady at five per cent when it announces its next decision Wednesday.

MORE National ARTICLES

Man rams SUV into police cruiser

Man rams SUV into police cruiser
B-C's police watchdog has found a man who rammed his S-U-V into a police cruiser outside a Vancouver Island R-C-M-P detachment last spring was not seriously injured when he was hit by a single police bullet. One officer was also injured in the incident last May.

Man rams SUV into police cruiser

Champagne to announce initial commitments from grocers to stabilize prices today

Champagne to announce initial commitments from grocers to stabilize prices today
Industry Minister François-Philippe Champagne says he is ready to announce the initial commitments he has secured from grocers to stabilize food prices. The Liberal government called on Canada's major grocers last month to present a plan to stabilize prices by Thanksgiving, or face consequences.  

Champagne to announce initial commitments from grocers to stabilize prices today

Competition intensity has decreased over last two decades, Competition Bureau finds

Competition intensity has decreased over last two decades, Competition Bureau finds
Competition Bureau commissioner Matthew Boswell says new research from the bureau finds the competition intensity in the country has decreased over the last two decades. Boswell shared the initial findings of a new report during a speech he delivered Thursday at the Competition Summit, a conference hosted by the bureau.

Competition intensity has decreased over last two decades, Competition Bureau finds

Trudeau says he never suggested those worried about 'parental rights' are hateful

Trudeau says he never suggested those worried about 'parental rights' are hateful
Prime Minister Justin Trudeau said Thursday he never suggested that individuals concerned about their rights as parents were hateful when he issued a statement in response to the thousands who attended recent protests about "gender ideology" in schools.  

Trudeau says he never suggested those worried about 'parental rights' are hateful

Drug seizure at Surrey border: CBSA

Drug seizure at Surrey border: CBSA
Mounties in B-C are recommending numerous charges against an Edmonton man after a drug seizure at a Canadian border crossing in Surrey. The Canada Border Services Agency says the driver was arrested and officers seized roughly 65 kilograms of cocaine at the crossing last July after a detector dog raised the alarm during a commercial truck examination.

Drug seizure at Surrey border: CBSA

Thousands march to funeral for murdered B.C. Mountie Rick O'Brien, 51

Thousands march to funeral for murdered B.C. Mountie Rick O'Brien, 51
Thousands of officers in uniform filled the event centre in Langley, B.C., to attend a regimental funeral for RCMP Const. Rick O'Brien who was killed last month in Coquitlam. Officers from around the province, including RCMP, other police services, firefighters, military and others attended the ceremony for O'Brien, who is the tenth police officer to be killed in Canada since September of last year.

Thousands march to funeral for murdered B.C. Mountie Rick O'Brien, 51