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Average asking rents fall annually for eighth straight month to $2,129: report
Average asking rents fall annually for eighth straight month to $2,129: report

The national average asking rent in May was down 3.3% from a year earlier at $2,129, marking the eighth consecutive month of year-over-year decreases.

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Jun 09, 2025
Montreal home sales, prices rise in May despite steady rates and economic uncertainty
Montreal home sales, prices rise in May despite steady rates and economic uncertainty

Home sales in the Montreal-area rose again in May compared with the same month a year ago, as the city's real estate board says both activity and price growth show no signs of tapering off.

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Jun 09, 2025
Got extra cash? Here’s when experts say it’s best to make a lump-sum mortgage payment
Got extra cash? Here’s when experts say it’s best to make a lump-sum mortgage payment

Being mortgage free can seem like a distant goal when the outstanding balance is in the hundreds of thousands of dollars and most of your regular payments are going toward paying interest.

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Jun 09, 2025
Gen Z credit use up 30%, as Canada’s consumer debt hits $2.5 trillion
Gen Z credit use up 30%, as Canada’s consumer debt hits $2.5 trillion

Canada’s consumer debt climbed to a record $2.5 trillion in the first quarter, with Gen Z, newcomers and subprime borrowers driving the surge, according to TransUnion’s latest Credit Industry Insights Report.

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Jun 08, 2025
S&P/TSX composite down more than 200 points, U.S. markets fall amid debt worries
S&P/TSX composite down more than 200 points, U.S. markets fall amid debt worries

Canada’s main stock index took its biggest tumble in nearly six weeks on Wednesday, while American markets fell even harder under pressure from rising U.S. Treasury yields amid worries about the U.S. government's spiralling debt.

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May 22, 2025
Mortgage digest: More Canadians sidelined from homebuying as recession fears rise
Mortgage digest: More Canadians sidelined from homebuying as recession fears rise

A growing number of Canadians are pressing pause on homebuying plans as economic anxiety deepens, according to BMO’s latest Real Financial Progress Index.

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May 21, 2025
If spiralling debt has you on the brink, a consumer proposal may be the right move
If spiralling debt has you on the brink, a consumer proposal may be the right move

Getting trapped in a perpetual cycle of debt with seemingly no way out is one of the most stressful situations life can throw at you. For anyone looking for a way forward, experts say a consumer proposal can break the chain without the need for a ban...

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May 21, 2025
Bank of Canada rate path clouded as core inflation heats up despite headline drop
Bank of Canada rate path clouded as core inflation heats up despite headline drop

Headline inflation eased in April, but persistent core pressures are complicating the Bank of Canada’s path to rate cuts.

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May 20, 2025
Tariffs, economic uncertainty chilling cottage housing market, report says
Tariffs, economic uncertainty chilling cottage housing market, report says

The May long weekend marks the unofficial start of cottage season for many Canadians, but a new report says some looking to buy a vacation home of their own are holding back until economic tensions settle.

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May 19, 2025
In Canada’s housing crisis, are modular homes a cheaper and faster solution?
In Canada’s housing crisis, are modular homes a cheaper and faster solution?

When a church in Toronto's west end was converted into affordable housing nearly 15 years ago, the group behind the project was already thinking ahead. 

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May 17, 2025
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