What Is a Home Equity Loan? A home equity loan—also known as an equity loan, home equity installment loan, or second mortgage—is a type of consumer debt. Home equity loans allow homeowners to borrow against the equity in their homes. The loan amount is based on the difference between the home’s current market value and the […]
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04
Jun
Jun
Trade uncertainty taking a toll on business and consumer confidence: Bank of Canada reports The latest surveys were done before U.S. President Donald Trump’s tariff announcement last week A pair of reports from the Bank of Canada pointed to declining business and consumer sentiment in the first quarter as the uncertainty over U.S. tariffs took […]
04
Jun
Jun
B.C. minimum wage increases to $17.85 The minimum wage in B.C. is going up on Sunday to $17.85 per hour. The jump represents a 45-cent increase from $17.40 or 2.6 per cent. It also applies to minimum wage rates for resident caretakers, live-in support workers, live-in camp leaders and app based-delivery and ride-hail workers. “Government […]