business news magazine

Canadians’ high mortgage debt a ‘ticking time bomb’ as renewals loom

Breadcrumb Trail Links News Executive Summary Variable-rate mortgage borrowers’ payments may climb above 40% in 2026 when they renew, Desjardins says Published May 31, 2023 • 5 minute read Household debt levels are expected to soar higher come 2025 and 2026 once homeowners renew their mortgages. Photo by Getty Images/iStockphoto Article content Lenders have been

Canadians’ high mortgage debt a ‘ticking time bomb’ as renewals loom Read More »

Several oil producers join Saudi Arabia in cutting production – Business News

More join Saudi oil cut The Canadian Press – Apr 2, 2023 / 1:12 p.m | Stories: 419210 Photo: The Canadian Press UPDATE 1:13pm Several major oil producing countries have joined Saudi Arabia in announcing surprise production cuts that could send world oil prices higher. Saudi Arabia said Sunday it was cutting production by 500,000

Several oil producers join Saudi Arabia in cutting production – Business News Read More »

Delivering Search Personalization With (User) Intent

When it comes to online shopping, search personalization is more important today than ever before. If in 2019 about 60% of shoppers expected to get personalized search results, in 2020 that number increased to 80%. A recent McKinsey report shows that today’s customers don’t just prefer a personalized shopping experience — they demand it. In

Delivering Search Personalization With (User) Intent Read More »

Strong consumer interest seen in Mondelez snacking survey

CHICAGO — Rising costs and economic setbacks haven’t been enough to deter strong consumer interest in snacking, according to Mondelez International, Inc.’s fourth annual State of Snacking report. The report, released Jan. 16, analyzed global consumer snacking habits and decisions. Overall, the report revealed a maintained interest in snacking that continues to increase. Like in

Strong consumer interest seen in Mondelez snacking survey Read More »

Scroll to Top