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BOC on Economic Recovery

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Buying vs. Renting: Study

Buying vs. Renting: Home…

Forfeiture of $2.8 million condo

BC seeks forfeiture of $…

Household debt exceeds $2.5T

Canadian household debt …

Housing Market Vulnerable – CMHC

Canada’s housing market …

Court Refuses Mortgage Penalty

Canada: Court Refuses To…

Raising The Maximum Insured Mort…

Canada Plans To Foster I…

Alberta Housing Market Improved

Alberta Housing Market R…

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Category Archives: Credit & Debt

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Buying vs. Renting: Study

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Buying vs. Renting: Homeowners Come Out Ahead, Study Says Despite higher home prices and larger mortgages, monthly housing costs are currently lower for homeowners—on average—compared to renters. In fact, in the second quarter of this year, homeowners paid on average $769 less per month compared to renting an equivalent dwelling, according to a new survey [&hellip…

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Household debt exceeds $2.5T

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Canadian household debt exceeds $2.5 trillion However, the financial impact of the pandemic continues to decrease for households With household debt now totalling approximately $2.53 trillion per Statistics Canada data, 25% of consumers said that they expect to be unable to pay their current bills and loans in full, according to TransUnion. However, this is [&hellip…

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Housing Market Vulnerable – CMHC

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Canada’s housing market overheated, highly vulnerable – CMHC The federal agency has issued its highest risk rating for the country’s housing sector A potent combination of factors including home price growth acceleration continued overvaluation, and stagnant labour incomes has introduced a high degree of vulnerability in the Canadian housing market, according to Canada Mortgage and [&hellip…

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