Canadian mortgage debt balance sees fastest growth since 2018
Canadian overall mortgage debt reached $1.71 trillion in September, representing a 5.67% annual increase that was the fastest pace since 2018, according to the central bank. The Bank of Canada figures also…
New commercial assistance program offers direct access to tenants
The newly introduced Canada Emergency Rent Subsidy will allow commercial tenants to apply directly for rent and mortgage-interest support without requiring landlord buy-ins. This subsidy will cover up to 65% of eligible…
Young Couples: A Housing Crash Is Your Chance to Buy Property!
The low interest rate environment is an inducement to obtain a mortgage. Younger couples, however, find it daunting because of surging real estate prices. The housing market is back to…