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It’s Tuesday, May 12. Here are the top stories we’re following today.
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Canada’s total residential mortgage debt surpassed $2.4 trillion in January 2026, scaling new highs, according to the latest data from Canada Mortgage and Housing Corporation (CMHC), released Tuesday.
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Tim Hortons is about to face some competition as the iconic American coffee and donuts chain Dunkin’ Donuts plans to return to the Canadian market with hundreds of locations across the country.
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Bank of Montreal says it is selling a majority interest in its transportation and finance lending businesses to a New York-based alternative investment platform to help improve its capital efficiency and help it focus on its core markets.
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Tax has a greater material impact on your net worth and retirement than anything else you’ll encounter. Yet most do not understand how their own paycheque is calculated, nor whether new policies are sound or simply well-marketed. That ignorance has a personal financial cost, but also a political one, writes Kim Moody.
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Alternative mortgage lender CMI Financial Group announced Monday it has secured a senior financing facility with Royal London Asset Management, one of the United Kingdom’s largest asset managers.
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