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News Wrap | Scott Dawson
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Variable rate may no longer win

Not that there are a lot of people buying houses these days, but the answer to the age-old question of whether to go long or short on your mortgage is unclear yet again. Will a Variable Rate come out ahead? Read more:

Canada May Home Prices Increased 1.3%, Teranet Says

Canadian home resale prices rose for a 13th straight month in May, the longest streak since September 2006, the Teranet-National Bank Composite House Price Index showed. Read more:

Federal deficit to be eliminated a year ahead of schedule: Conference Board

So long as the federal government keeps its pledge on curbing program spending, Ottawa should return to a surplus position one year ahead of schedule based on how the economy is unfolding, the Conference Board of Canada said Thursday. Read more: