Close X
Wednesday, November 27, 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

Alberta court rejects challenge from law student to Oath of Allegiance to monarchy

Alberta court rejects challenge from law student to Oath of Allegiance to monarchy
Prabjot Singh Wirring had argued the portion of the oath mandated by the Legal Profession Act that includes pledging allegiance to the sovereign violates his Charter rights to religious freedom and equality. Wirring, who is an Amritkhari Sikh, said he is only allowed to pledge allegiance to a divine being in the Sikh tradition and not Queen Elizabeth, who was the reigning monarch at the time his suit was filed.   

Alberta court rejects challenge from law student to Oath of Allegiance to monarchy

ShakeOutBC earthquake drill

ShakeOutBC earthquake drill
Thousands of people across B-C dropped, covered and held on this morning -- as they took part in the annual ShakeOutBC earthquake drill. The event -- at 10:19 a-m -- simulates an earthquake response and is a key part of provincial efforts to raise awareness about what to do in the moments, hours and days after an earthquake strikes.

ShakeOutBC earthquake drill

Large number of Canadian diplomats left India overnight: Report

Large number of Canadian diplomats left India overnight: Report
A large number of Canadian diplomats have left India overnight, a media report said on Thursday. The departures followed two weeks of negotiations between India and Canada after India issued a demand for "parity" in the number of diplomats present in the two countries, CBC News reported, citing a source with knowledge of the situation.

Large number of Canadian diplomats left India overnight: Report

'Thin line' between freedom of speech and 'freedom of hate,' says Israeli ambassador

'Thin line' between freedom of speech and 'freedom of hate,' says Israeli ambassador
Israel's envoy to Canada says it is important for democracies to assess when a line has been crossed between freedom of speech and what he calls "freedom of hate." Iddo Moed, Israel's ambassador to Canada, spoke generally about what he sees as a "thin line" between the two in an interview with The Canadian Press. 

'Thin line' between freedom of speech and 'freedom of hate,' says Israeli ambassador

Anti-discrimination efforts falling short in public service, RCMP: auditor general

Anti-discrimination efforts falling short in public service, RCMP: auditor general
The federal auditor general says Canada's efforts to combat racism and discrimination in major departments and agencies are falling short. Auditor General Karen Hogan found in a report released Thursday that bureaucrats are failing to use data to understand how racialized employees are feeling. 

Anti-discrimination efforts falling short in public service, RCMP: auditor general

Profits, markups rose as competition weakened over 20 years: Competition Bureau

Profits, markups rose as competition weakened over 20 years: Competition Bureau
The Competition Bureau says profits and markups have increased over the last two decades as the state of competition in Canada has deteriorated. The bureau published a report Thursday analyzing how competition evolved across industries between 2000 and 2020.

Profits, markups rose as competition weakened over 20 years: Competition Bureau