March 23 roundup - MoneySense

March 23 roundup

Is it time to lock in your mortgage? Who are the most indebted Canadians? Why is inflation worst in Ontario?




•Is it time to lock in your mortgage? BMO economists say “yes” because the days of super-low mortgage rates that made home ownership dreams a reality of many Canadians may be numbered.

•Which province is home to the most indebted Canadians? The answer might surprise you. One thing is for sure; those living in the Eastern most provinces are better at living within their means.

•Ontarians know inflation pain. Ontario residents are paying among the highest price increases on consumer goods while taking home the lowest pay raises, a labour economist says.

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