Bank of Canada Signals Low Rates Until 2023, Unveils Changes to QE Program
Mortgage shoppers take note: Cheap money is here to stay, at least for the next two years, the Bank of Canada reaffirmed during its interest rate decision on Wednesday. The…
Albertans burdened by mounting unemployment, delinquent mortgages
Rising unemployment and mounting mortgages in arrears are pushing more people in Alberta to the brink compared to everyone else in Canada. Already burdened with an unemployment rate of 11.7%, markedly higher…
Federal government releases more details of five-year housing initiative
With the launch of the first round, the government of Canada has released more details regarding the Housing Supply Challenge, its five-year initiative that would foster next-generation solutions to the perennial…