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CREA cuts 2025 forecast again but says home sales are rebounding from ‘chaotic start’
CREA cuts 2025 forecast again but says home sales are rebounding from ‘chaotic start’

For the second time this year, the Canadian Real Estate Association has downgraded its forecast for home sales in 2025, even as it reported the number of homes changing hands across the country in June rose 3.5% compared with a year ago.

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Jul 15, 2025
CRA report backs industry calls for digital tool to fight mortgage fraud
CRA report backs industry calls for digital tool to fight mortgage fraud

The Canada Revenue Agency has released findings from its industry consultation on a proposed income verification tool, revealing strong support for a secure, digital system that could reduce mortgage fraud and simplify the approval process.

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Jul 15, 2025
Alberta, Ottawa putting $203 million into new affordable housing units
Alberta, Ottawa putting $203 million into new affordable housing units

Alberta and Ottawa have signed off on $203 million for new affordable housing projects across the province.

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Jul 14, 2025
Stronger jobs data likely to delay BoC rate cut
Stronger jobs data likely to delay BoC rate cut

Canada’s job market turned a corner in June, beating economists’ expectations for the first time this year, though the upbeat data was tempered by fresh tariff threats and stubborn inflation.

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Jul 11, 2025
‘A remarkable human being’: Colleagues honour Andrew Moor’s legacy of leadership and innovation
‘A remarkable human being’: Colleagues honour Andrew Moor’s legacy of leadership and innovation

This week, Canada’s financial industry lost one of its pioneers, disruptors and figureheads, and the tributes to Equitable Bank CEO Andrew Moor have been pouring in ever since.

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Jun 27, 2025
Canada’s economy stalls in April, giving BoC more room to ease
Canada’s economy stalls in April, giving BoC more room to ease

Canada's economy dipped 0.1% in April, coming in below expectations and adding to speculation that the Bank of Canada may have more room to cut rates this summer.

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Jun 27, 2025
Insolvency filings fall in Ontario, but signs of homeowner strain persist
Insolvency filings fall in Ontario, but signs of homeowner strain persist

Ontario insolvencies dipped in April, but the data suggest homeowners are hanging on, not bouncing back.

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Jun 26, 2025
OSFI keeps Domestic Stability Buffer at 3.5% amid persistent risks
OSFI keeps Domestic Stability Buffer at 3.5% amid persistent risks

Canada’s banking regulator is holding the Domestic Stability Buffer (DSB) at 3.5%, saying financial system vulnerabilities remain “elevated but stable.”

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Jun 26, 2025
Housing construction supported 1.2 million jobs and $143B in GDP last year
Housing construction supported 1.2 million jobs and $143B in GDP last year

New figures from StatCan show the residential housing sector remains a major economic force, even as real investment slipped slightly in 2024

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Jun 25, 2025
Vancouver has the highest rents in the country, according to Statistics Canada
Vancouver has the highest rents in the country, according to Statistics Canada

Vancouver had the highest average asking rent for a two-bedroom apartment in the first quarter, according to Statistics Canada.

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Jun 25, 2025
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