Canada Mortgage and Housing Corp. says the annual pace of housing starts in September was up 14% compared with August, helped by increases in Montreal and Toronto.

By Michael Sasso (Bloomberg) — Confidence among U.S. homebuilders rose this month by the most since early 2024, boosted by lower mortgage rates that are chipping away at the nation’s affordability problem. An index of market conditions from the Natio...

Halifax university student union leaders are calling on the Nova Scotia government to address the high cost of housing they say is making it harder for students to study and live in the province.

Every so often, a situation comes along that reminds us of a darker side of mortgage brokering. Most of the time, competition is healthy. But sometimes, it crosses a line;  not legally, but ethically.

Canada is “absolutely not” competitive on tax policy, said Bank of Montreal Chief Executive Officer Darryl White, who called on the federal government to cut taxes even if it means running a larger deficit.  

When brokers and lenders work closely together, everyone benefits — especially the client.

Federal Reserve officials showed a willingness to lower interest rates further this year, but many expressed caution driven by concerns over inflation at their policy gathering last month.

One of Canada’s major lenders says Prime Minister Mark Carney will push the country’s deficit to about 3% of its gross domestic product as his government pursues major projects and tries to attract more investment.

Inside: mortgage arrears inch higher, Manulife teams up with M3, Haventree joins CMHC securitization programs and more career updates.

Average asking rents in Canada fell 3.2 per cent in September from a year earlier to $2,123, marking the 12th straight month of annual declines.