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Building permits rise in February, but residential construction weakens
Building permits rise in February, but residential construction weakens

Canada’s building permit activity picked up in February, rising 2.9% to $13.1 billion, according to new data from Statistics Canada.

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Apr 10, 2025
Why Scotiabank thinks the Bank of Canada is done cutting rates
Why Scotiabank thinks the Bank of Canada is done cutting rates

While most of Canada’s Big 6 banks expect the Bank of Canada to deliver at least one more interest rate cut this year, Scotiabank is standing firm in its view that the central bank is already done.

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Mar 27, 2025
EV-ready parking spots should be required in new apartment builds: report
EV-ready parking spots should be required in new apartment builds: report

New multi-unit buildings across Canada should be required to make their parking spots electric-vehicle ready as a possible way to spur EV uptake, a report released Wednesday suggested. 

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Mar 27, 2025
Bank of Canada’s urge to cut rates fades amid tariff uncertainty
Bank of Canada’s urge to cut rates fades amid tariff uncertainty

The Bank of Canada appears increasingly reluctant to cut rates further, with minutes from its March 12 meeting showing that its most recent move was driven largely by rising uncertainty over a potential trade war with the U.S.

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Mar 26, 2025
Vacation home market slows after pandemic boom, but prices still rising: Royal LePage
Vacation home market slows after pandemic boom, but prices still rising: Royal LePage

While fewer Canadians may be looking to buy a vacation home in some regions compared with years past, a new report says prices are expected to increase in 2025 as demand still outpaces supply across most markets.

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Mar 26, 2025
Mortgage Digest: Fixed mortgage rates keep falling, but variable-rate pricing is on the rise
Mortgage Digest: Fixed mortgage rates keep falling, but variable-rate pricing is on the rise

Spring mortgage season is bringing better fixed-rate deals, but not all borrowers are seeing relief. While lenders continue trimming fixed rates, discounts on variable rates are shrinking.

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Mar 26, 2025
Tariffs are sending markets on a wild ride. Here’s advice for young investors
Tariffs are sending markets on a wild ride. Here’s advice for young investors

Wild swings in the stock market can be difficult to stomach for many investors, let alone young Canadians who are just starting their investing journey. 

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Mar 25, 2025
With prepayment penalties surging, game-changing new tool helps borrowers weigh their options
With prepayment penalties surging, game-changing new tool helps borrowers weigh their options

As prepayment penalties climb, many borrowers are left in the dark about the true cost of breaking their mortgage. Now, a first-of-its-kind tool is bringing much-needed transparency, helping borrowers and brokers assess whether making a move could le...

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Mar 25, 2025
When can a seller lend you money? What to know about vendor take-back mortgages
When can a seller lend you money? What to know about vendor take-back mortgages

Homebuyers looking to bridge a financing shortfall sometimes consider asking the seller for help. One option that occasionally comes up is a vendor take-back (VTB) mortgage, where the seller lends a portion of the purchase price to the buyer, typical...

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Mar 24, 2025
Federal election set for April 28, with economy and housing top of mind
Federal election set for April 28, with economy and housing top of mind

Campaign begins as Carney and Poilievre square off on affordability, trade and tax policy

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Mar 23, 2025
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