North American stock markets rise in response to Fed rate increase outlook

North American stock markets rise in response to Fed rate increase outlook

A currency trader watches computer monitors at a foreign exchange dealing room in Seoul, South Korea, on May 25, 2022. (Lee Jin-man / AP) A currency trader watches computer monitors at a foreign exchange dealing room in Seoul, South Korea, on May 25, 2022. (Lee Jin-man / AP)

YOUR FINANCES

OPINION

OPINION | How much of a mortgage can I afford in Canada?

Prices have been easing slightly recently, but affording a mortgage is still a very difficult task for many Canadians. How much of a mortgage can you afford? Contributor Christopher Liew breaks it down in an exclusive column for CTVNews.ca.

How much of a mortgage can you afford? (RODNAE Productions/Pexels)

Saving for retirement is becoming out of reach for young Canadians

Even though it may seem years away, saving for retirement is a top priority among 26 per cent of Canadians aged 18 to 34, a recent survey from the Healthcare of Ontario Pension Plan found. However, 79 per cent of respondents in that age group say saving for retirement is prohibitively expensive.

A piggy bank is seen in this undated file photo.

My landlord is increasing my rent – what should I do?

With increasing rent prices likely to be the reality for many Canadian tenants, some may be wondering how to navigate rising costs, or whether any course of action can be taken, if any. Legal experts across the country share their advice on how to handle a rent hike.