More red tape for construction industry in Toronto Toronto City Council canceled a noise bylaw exemption which the construction industry has benefited from for the previous 12 years. Although the final amendment may have saved the construction...

Millennials are ready to move to suburbs just to get the house of their dreams The recent poll by TD shows that a third of Canadian Millennials would prefer living in the city, but others are ready to switch to suburbs in order to get...

CIBC's prominent economist calls for mortgage stress test revision CIBC Capital Markets Deputy Chief Economist Benjamin Tal requires from regulators to review mortgage stress tests, noting that its rules are too strict. He calls for a more flexible rate for the new stress test, which took...

Business executives are losing their optimism The latest poll by the Bank of Canada shows that economic slowdown and global trade uncertainties started affecting businesses confidence. The survey of executives, made during the period from February to March, shows lower expectations for sales and significant decrease...

Real estate issues in Ontario budget Here are some of the sections from the April 11 budget concerning real estate and mortgage industry: In case of many middle‐class Ontario families, homeownership has become out of reach as buyers have to adjust to January 2018 mortgage...