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Opening borders may fuel Canadian real estate madness

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Reopening of borders may fuel a fresh round of Canadian real estate madness New arrivals may further stress Canada’s already tight housing markets Article content Just when you thought you could catch a break from pandemic-fuelled housing madness, experts are predicting the reopening of the U.S.-Canada border, and Canada’s commitment to boost immigration, could fuel [&hellip…

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BOC on Economic Recovery

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Bank of Canada delivers verdict on economic recovery – Governor outlines extent of inflation risk Bank of Canada Governor Tiff Macklem said the economic recovery is on track despite disappointing output growth, but warned there’s a risk high inflation could prove more persistent than expected. Gross domestic product suffered a shock contraction in the second quarter, and data [&hellip…

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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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