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Higher interest rates and mortgages: What do they help and hinder?

With the Bank of Canada expected to keep raising its policy interest rate through 2023, experts expect the gap between fixed and variable mortgage rates to shrink. If you're in the market for a mortgage, here's some advice on what to consider when deciding which type to opt for.

Houses are seen in an aerial view in Langley, B.C., on May 16, 2018. (THE CANADIAN PRESS/Darryl Dyck)

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B.C. Premier Horgan announces he will step down

After five years in the role, John Horgan announced on Tuesday afternoon he plans to step down as premier of British Columbia and has asked his governing party, the NDP, to hold a leadership convention later this year.

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