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First-time homebuyer in Canada? The rules might surprise you
First-time homebuyer in Canada? The rules might surprise you

Not all “first-time buyers” are created equal. Here’s how the rules differ across Canada’s most-used programs.

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Sep 11, 2025
Household debt-to-income ratio ticked higher in Q2: Statistics Canada
Household debt-to-income ratio ticked higher in Q2: Statistics Canada

Statistics Canada says the amount Canadians owe relative to their income ticked higher in the second quarter as debt grew faster than income.

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Sep 11, 2025
Higher renewal costs test household budgets in Ontario and B.C., says Equifax
Higher renewal costs test household budgets in Ontario and B.C., says Equifax

Equifax reports that rising renewal costs are testing household budgets, with Ontario and B.C. most exposed, while mortgage growth remains muted.

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Sep 10, 2025
Carney says major projects coming to combat trade war ‘crisis’
Carney says major projects coming to combat trade war ‘crisis’

Prime Minister Mark Carney says he’ll announce Thursday the first wave of major projects to be fast-tracked under a new law passed by his government.

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Sep 10, 2025
Repo market strains return as Bank of Canada winds down QT
Repo market strains return as Bank of Canada winds down QT

Funding issues are cropping up in Canada’s money markets again, prompting some analysts to recommend the central bank step in.

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Sep 10, 2025
Toronto, Vancouver weigh on housing starts in first half of year: CMHC
Toronto, Vancouver weigh on housing starts in first half of year: CMHC

Canada Mortgage and Housing Corp. says growth in overall housing starts was flat during the first half of the year compared with 2024, though there were significant regional differences.

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Sep 09, 2025
Poilievre calls on Liberals to enact Conservative election pledges on housing
Poilievre calls on Liberals to enact Conservative election pledges on housing

Pierre Poilievre is encouraging Prime Minister Mark Carney to adopt Conservative plans to deal with the country's housing crisis, which he said is entering a new phase as prices begin to fall in some cities.

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Sep 09, 2025
Nova Scotia government promises to help Halifax tenants without power for two weeks
Nova Scotia government promises to help Halifax tenants without power for two weeks

By Keith Doucette Balser, minister responsible for the Residential Tenancies Act, says cases involving The Scotian apartment building on Green Street will be treated as an emergency. “That means there won’t be a wait period, we will address them as q...

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Sep 09, 2025
Majority of Canadians say mortgage fraud drives up prices and creates unfair competition
Majority of Canadians say mortgage fraud drives up prices and creates unfair competition

A new MPC–Pollara survey shows growing concern about fraud in the housing market, and strong support for CRA-led income verification.

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Sep 08, 2025
Lenders flip Bank of Canada calls to cuts after ugly jobs report
Lenders flip Bank of Canada calls to cuts after ugly jobs report

Two of Canada’s largest lenders have changed their forecasts and now see the Bank of Canada cutting borrowing costs later this month after a worse-than-expected jobs report.

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Sep 06, 2025
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