TD Bank’s CEO Bharat Masrani doesn’t think Canada should hurry with introducing measures aimed at cooling down the national real estate market, as many factors supporting the prices increase are related to the pandemic and may ease when the crisis weakens. During the previous...

The central bank sees worrying signals that certain Canadians are taking on too much debt in order to enter Canada’s red-hot real estate market and purchase a property. According to the Bank of Canada Governor Tiff Macklem, there are signs that loan levels relative...

The Canadian economy kept showing unexpected strength at the beginning of 2021 even in spite of the second wave of lockdowns which closed many businesses again. According to Statistics Canada, gross domestic product was up by 0.7% in January, while a preliminary data for...

According to Minister Ahmed Hussen, Canada’s government will not introduce a tax on home equity under today’s administration. Such a statement appears amid increasing calls from experts, and even banks, to consider this option. It also follows the industry’s comment saying they would move...

In spite of all the challenges and difficulties caused by the global pandemic, Canadians’ interest in housing and the current prices growth surprised even the most experienced specialists. Obviously, it has affected the mortgage market significantly. An Annual State of the Residential Mortgage Market...