Scotia Bank Purchases Maple Trust Company

The Bank of Nova Scotia is paying $233-million to acquire Maple Trust Company, vaulting it into third place among the country's leading home lenders and positioning it to take advantage of a potentially lucrative market: “near-prime” borrowers........
02-16-2006 00:49 More...

Families Squeezed by Soaring Debt

Canadian families must undertake some immediate belt-tightening if they are to avoid being included in the rapidly rising number of households to declare bankruptcy, a new study reported Monday in the Ottawa Citizen.......
02-13-2006 10:44 More...

Central Bank Raises Key Rate, Hints of More to Come

OTTAWA — The Bank of Canada raised its key interest rate by a quarter-point to 3.5 per cent today and hinted that there will be a few more increases to come...........
01-24-2006 16:50 More...