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No action against Nova Scotia rent loophole out of fears for housing supply: minister
No action against Nova Scotia rent loophole out of fears for housing supply: minister

The minister responsible for Nova Scotia’s rental property rules says her department won’t crack down on instances of abuse involving fixed-term rent leases because it doesn’t want to affect the housing supply.

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May 16, 2025
Oxford warns of Canadian recession, says immigration slowdown and tariffs to blame
Oxford warns of Canadian recession, says immigration slowdown and tariffs to blame

Oxford Economics now sees a Canadian recession as all but certain, citing a mix of global trade shocks, waning business investment and a slowdown in immigration.

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May 16, 2025
Nova Scotia gets $170 million over 10 years after signing housing infrastructure deal
Nova Scotia gets $170 million over 10 years after signing housing infrastructure deal

Nova Scotia’s public works minister says the province is getting $170 million from the federal government to assist with housing infrastructure, after a deal was signed last winter.

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May 16, 2025
Alternative lending brokers seen as ‘AI-proof,’ experts say
Alternative lending brokers seen as ‘AI-proof,’ experts say

Brokers specializing in alternative lending may be uniquely positioned to withstand automation thanks to the complex human element at the core of their work.

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May 15, 2025
Home sales down almost 10% annually last month: Canadian Real Estate Association
Home sales down almost 10% annually last month: Canadian Real Estate Association

The Canadian Real Estate Association says home sales in April fell 9.8% compared with the same month last year, as the national housing market has returned "to the quiet markets we’ve experienced since 2022."

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May 15, 2025
Why Canadian fixed mortgage rates are rising again
Why Canadian fixed mortgage rates are rising again

After briefly dipping below 4%, most five-year fixed mortgage rates at Canada’s major banks are back above the 4% mark, and could stay elevated for the foreseeable future, experts say.

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May 14, 2025
Big drop in commercial projects drags down March building permits
Big drop in commercial projects drags down March building permits

The value of building permits in Canada fell 4.1% in March to $12.9 billion, pulled down entirely by a steep decline in non-residential construction, according to new data from Statistics Canada.

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May 14, 2025
New housing minister says he’ll ‘leverage’ past as Vancouver mayor in role
New housing minister says he’ll ‘leverage’ past as Vancouver mayor in role

Canada's new housing minister says he didn't have the tools he needed to address housing affordability issues when he was mayor of Vancouver — the country's most expensive housing market.

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May 14, 2025
Carney touts housing credentials of Vancouver ex-mayor Robertson as he joins cabinet
Carney touts housing credentials of Vancouver ex-mayor Robertson as he joins cabinet

Prime Minister Mark Carney says Gregor Robertson brings "the type of experience" needed to help tackle Canada's housing crisis after a decade as the mayor of Vancouver – a period that coincided with sharp increases in the city's home prices.

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May 13, 2025
Key portfolios for business community to watch as Carney’s cabinet sworn in
Key portfolios for business community to watch as Carney’s cabinet sworn in

Canada's business community will be monitoring files across various portfolios after Tuesday's swearing-in of Prime Minister Mark Carney's new cabinet.

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May 13, 2025
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