Just a few months after the new rule took effect, the government is easing certain restrictions on foreigners buying residential property in Canada. From now on, non-Canadians with a work permit or work authorization can buy residential property, if they have at least 183 days remaining...

The consumer debt level in Canada is record-high with the latest data from Equifax and TransUnion, showing that credit card balances have reached their highest mark since 2019. Amid interest rates and borrowing costs growth, it’s vital today to keep the credit report in...

On Thursday, the Ontario provincial government released its 2023 budget called “Building a Strong Ontario”. An almost 200-page document points to the importance of housing and infrastructure investments. However, it doesn’t specify how exactly the goals will be reached. The budget mainly continues earlier...

The significant decline in February’s headline inflation means that interest rates may have reached their peak already and the next change will be a reduction. At least, according to ING’s Chief International Economist James Knightley, who points to the second consecutive month of annual...

Canadian realtors believe potential buyers which were priced out of the market earlier will return to house hunting this spring. They expect Canadians to get back to the market as the central bank stopped its rate-increasing cycle. The fast cycle of sharp hikes eroded...