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Five things to watch for in the Canadian business world in the coming week
Five things to watch for in the Canadian business world in the coming week

Five things to watch for in the Canadian business world in the coming week:

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Feb 17, 2025
Like Poilievre, Freeland is pitching a housing plan that would limit immigration
Like Poilievre, Freeland is pitching a housing plan that would limit immigration

Liberal leadership candidate Chrystia Freeland's plan to fix the housing shortage would tie the number of newcomers Canada admits to housing availability.

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Feb 17, 2025
Mortgage Digest: 5 big banks cut fixed mortgage rates following bond yield drop
Mortgage Digest: 5 big banks cut fixed mortgage rates following bond yield drop

Mortgage providers nationwide have been gradually lowering their fixed mortgage rates, including five of the country's Big 6 banks.

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Feb 14, 2025
B.C. real estate sales off to a stronger start in January 2025
B.C. real estate sales off to a stronger start in January 2025

Real estate sales across British Columbia were up in January compared with the year before, but average prices went down slightly. 

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Feb 13, 2025
Frustrated with mortgage tech? You’re not alone
Frustrated with mortgage tech? You’re not alone

For the past few years, mortgage brokers have been presented with a seemingly non-stop barrage of new mortgage technology.

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Feb 13, 2025
Seven months after wildfire, temporary housing arrives in Jasper
Seven months after wildfire, temporary housing arrives in Jasper

The first trailers to house displaced locals rolled into Jasper, Alta., this week, about seven months after a third of the town was ravaged by a runaway wildfire.

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Feb 13, 2025
Bank of Canada warns of permanent GDP hit if trade war with U.S. drags on
Bank of Canada warns of permanent GDP hit if trade war with U.S. drags on

Members of the Bank of Canada's Governing Council expressed concerned that prolonged trade tensions with the U.S. could permanently reduce Canada's GDP, according to the minutes from its January 29 policy meeting.

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Feb 12, 2025
U.S. inflation hits 3%, Fed rate cut likely delayed until December
U.S. inflation hits 3%, Fed rate cut likely delayed until December

U.S. headline inflation rose for the third straight month, raising the likelihood that the next Fed rate cut won't happen until later this year.

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Feb 12, 2025
Fixed vs. variable: Why variable-rate mortgages are making a comeback
Fixed vs. variable: Why variable-rate mortgages are making a comeback

After the Bank of Canada’s latest rate reduction 5-year variable mortgage rates are now on par with their fixed-rate counterparts, raising the question: Is now the time to go variable?

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Feb 11, 2025
Home builders warn of ‘brutal blow’ to housing sector from steel, aluminum tariffs
Home builders warn of ‘brutal blow’ to housing sector from steel, aluminum tariffs

Some developers say looming U.S. tariffs on Canadian steel and aluminum could be detrimental to the housing sector due to higher costs of key construction materials.

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Feb 11, 2025
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