The Nova Scotia government's plan to double a deed transfer tax for non-resident homebuyers needs to be reconsidered, says the association for the province’s Realtors.

It can be a common misconception: living paycheque to paycheque only happens to those that earn a low income. But that’s not always the case.

Canadian households saw their net worth grow by $236.3 billion (+1.4%) in the fourth quarter of 2024, pushing total household wealth to $17.5 trillion, according to Statistics Canada.

Canada’s mortgage market is rebounding, with new originations up 39% year-over-year, according to Equifax’s latest Q4 Consumer Trends report.

The total value of building permits issued in Canada fell 3.2% in January, reaching $12.8 billion, according to Statistics Canada. The decline was mostly due to a drop in residential construction plans.

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.

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.

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

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

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).