Finance

Canadian Bankers Association says only 0.18 per cent of Canadian homeowners are underwater, despite record-high home high prices and mortgage debt

Finance Minister overrules officials to rule new legislation to level playing field when transferring a business within a family is now in effect

While cash equal to 20 to 30 per cent of the price is common, lenders can be flexible and there are options to access any extra funding needed

The number of Canadians who were unemployed increased by 413,000 (36.4 per cent) from February to March, the largest monthly change since comparable data became available in 1976.

Companies suffering 15 per cent revenue reductions can now apply, and those hiring students can get up to 100 per cent of wages covered

The CERB will provide residents who have lost their jobs or income with a temporary benefit of $500 a week for up to 16 weeks

Canada's central bank has also launched a quantitative easing program to bring liquidity to Canadian markets

Ottawa is increasing the payroll support for employers to 75 per cent

Farm Credit Canada confirms cannabis producers are considered farmers, and therefore eligible for short-term loans under $5 billion stimulus program

With more than a million Canadian homeowners trying to defer payments, many with little success, five mortgage brokers offer insight and advice