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Economists react to the Bank of Canada’s 25-bps rate cut: What’s next for rates?
Economists react to the Bank of Canada’s 25-bps rate cut: What’s next for rates?

The Bank of Canada cut its overnight rate by 25 basis points to 2.75%, its seventh straight cut. While expected, the move comes as the Bank tries to navigate economic uncertainty and the fallout from U.S. trade tensions.

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Mar 12, 2025
Ontario backs down on electricity surcharge after Trump threatens 50% tariffs
Ontario backs down on electricity surcharge after Trump threatens 50% tariffs

Ontario has backed away from its controversial 25% surcharge on electricity exports to the U.S., following sharp warnings from the White House about substantial retaliatory tariffs.

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Mar 11, 2025
Slower B.C. real estate sales blamed on U.S. tariff uncertainty, association says
Slower B.C. real estate sales blamed on U.S. tariff uncertainty, association says

The British Columbia Real Estate Association says tariff uncertainty has slowed housing activity. 

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Mar 11, 2025
Rent prices fall 5% in February, reaching lowest level since July 2023
Rent prices fall 5% in February, reaching lowest level since July 2023

Average asking rents nationally were down 4.8% year-over-year in February, reaching the lowest level since July 2023.

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Mar 11, 2025
Why private mortgage presentation matters: Red flags to watch for
Why private mortgage presentation matters: Red flags to watch for

In this article, we'll explore the topic of private mortgage solicitations. And trust me, it's more exciting than watching paint dry (though perhaps not as relaxing).

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Mar 09, 2025
Rise of the robots: Some homebuilders turning to automation to bridge labour shortage
Rise of the robots: Some homebuilders turning to automation to bridge labour shortage

At a housing construction site in Gananoque, Ont., Val spends nearly two months laying concrete, used to build 26 stacked townhouse units.

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Mar 09, 2025
Three big banks cut mortgage rates this week, one drops 5-year fixed to 3.99%
Three big banks cut mortgage rates this week, one drops 5-year fixed to 3.99%

Following dramatic swings in the bond market—and broader economic uncertainty sparked by President Donald Trump’s tariff threats—three of Canada’s big banks have slashed their fixed mortgage rates this week.

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Mar 08, 2025
Canadian job growth stalls in February, BoC rate cut expected next week
Canadian job growth stalls in February, BoC rate cut expected next week

After three months of steady job gains, February saw a surprising slowdown, with employment growth stalling at just 1,100 new positions.

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Mar 07, 2025
Montreal home sales rise in February amid ‘resurgence of overbidding’: board
Montreal home sales rise in February amid ‘resurgence of overbidding’: board

Montreal-area home sales rose 7.4% in February compared with the same month a year ago amid a "rapid absorption of active listings."

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Mar 07, 2025
Rocket Mortgage Canada winding down operations
Rocket Mortgage Canada winding down operations

Rocket Mortgage Canada is shutting down its lending business, with operations expected to wind down by the end of June.

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Mar 06, 2025
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