Most Canadians don’t see many benefits in renting a property, desperately wishing to have their own home. And it’s almost a crime to keep arguing about it, when a rising number of young adults are forced to rent for a long period of time,...

Today, Toronto has a lot of issues with horrible traffic congestion, overcrowded public transit and a lack of affordable housing. However, it could become even worse, as specialists expect these issues to intensify – and not only in case of Toronto, but across the entire...

Last month, housing affordability in the Greater Toronto Area became even worse, with sharply growing home prices and declining market supply. According to Toronto Regional Real Estate Board (TRREB), the average home price in September showed an annual increase by 18.3% to a record...

While it’s been already about 20 months since we’ve seen borrowing costs cut sharply when the COVID-19 pandemic started, a recent survey shows that Canadians are still taking advantage of cheap money. According to MNP Consumer Debt Index, 58% of Canadians will probably increase...

Canadian economy started showing growth again, as consumers returned to restaurants and entertainment venues, increasing spending on this type of services. According to Statistics Canada, the GDP was up by 0.7% in August, following a July decline by 0.1%. Meanwhile, economists expected a 0.2%...