Canadian Mortgage Spree

How often are Canadians …

Maximum Approved Mortgage

Majority of Canadian Buy…

BoC’s Inflation Strategy

BoC’s Macklem outlines t…

Canada’s construction pandemic y…

How did Canada’s residen…

CMHC changes underwriting

CMHC changes underwritin…

Falling Lumber Prices

What falling lumber …

Nexus REIT Alberta Acquisition

Major REIT announces mul…

Canada Covid Mortgage Debt

Canadians piled on m…

Canada House Prices?

What will happen next wi…

Test-drive Your Mortgage

How to test-drive your m…

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Category Archives: Economy

Economy Information

Canadian Mortgage Spree

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How often are Canadians taking out mortgages at present? The mortgage spree that started during the pandemic is alive and well The annual rate of growth in the number of mortgages taken out by Canadians has reached its highest level in several years, per new data from the Canadian Bankers Association. Institutions associated with the [&hellip…

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BoC’s Inflation Strategy

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BoC’s Macklem outlines the bank’s inflation strategy Bank of Canada Governor Tiff Macklem said that the central bank will act to curb inflation if current price pressures remain and begin to appear more permanent in the near future. Macklem said last week that the central bank is expecting elevated prices to be a temporary state [&hellip…

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Canada’s construction pandemic year?

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How did Canada’s residential construction sector fare during the pandemic year? Despite the slowdown during the first few months of the pandemic, on top of challenging lumber and product material prices and shortages, the residential construction industry exhibited an uncommon resilience in 2020 that made it a consistent key driver in the Canadian economy. A [&hellip…

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