Recession for young people, Gen Z. What it means, how to prepare

#MakeItMakeSense is a series from The Star that analyzes personal finance questions to help Canadian youth gain greater confidence and understanding about financial literacy. A recession may be on the way, as many economists have expressed concern that the Bank of Canada’s campaign to raise interest rates is likely to plunge the economy into a … Read more

Own a home? Here’s how to tackle soaring interest rates, monthly mortgage payments

More and more homeowners are feeling the financial squeeze as interest rates rise, and some mortgage professionals predict the Bank of Canada will raise them further this September. “We’re listening from 75 basis points to a whole percent,” Angela Calla, a mortgage specialist based in Port Coquitlam, told Global News. For Canadians who are fixed-rate … Read more