T he Bank of Canada delivered a sobering warning on Thursday , reminding us that low interest rates won’t last forever. Household debt that is easy to service now could become a much heavier burden for families in the future. “Households need to assess their ability to service these debt obligations over their entire maturity, taking into account likely changes in both income and interest rates,”’ the bank told us

A year after Wall Street failures plunged the U.S. into recession, the House of Representatives on Friday passed the most ambitious restructuring of financial regulation since the New Deal. The sprawling legislation gives the government new powers to break up companies that threaten the economy, creates a new agency to oversee consumer banking transactions and shines a light into shadow financial markets that have escaped the oversight of regulators.

Alert us to this comment Please let us know if this reader’s comment breaks the editor’s rules and is obscene, abusive, threatening, unlawful, harassing, defamatory, profane or racially offensive by selecting the appropriate option to describe the problem. Close

O ver the past year, insiders at UTS Energy Corp. UTS-T have acquired more than $350,000 worth of stock in the public market. The buying has continued even as the Copenhagen climate summit approaches

T oday’s top stories from Report on Business : Transforming the wireless industry “Consumers will vote with their feet and their pocketbooks and that’s the way the market works.” With that comment this morning, Industry Minister Tony Clement transformed Canada’s wireless sector by allowing a fourth company to join the existing national triumverate of Rogers Communications Inc., Telus Corp. and BCE Inc. Mr

The Charles Schwab Corp. today launched two commission-free exchange-traded funds and released data showing that the first four ETFs it launched last month have done very well in a short period of time. The Schwab U.S

A social media intermediary arrives on the scene A new company, Socialware Inc. — and its first two services — came out of startup stealth mode yesterday. Socialware is the first company to provide a middleware approach and solution for helping companies of all sorts to turn on, as well as control, social media applications including LinkedIn, Facebook, and Twitter