Federal Government Unveils Controversial Secondary Suite Financing Program
Canada’s Department of Finance has unveiled a change to mortgage insurance rules, set to take effect on January 15, 2025.
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housing crisis
30-Year Mortgages For All: Canada Again Changes Mortgage Rules For First Time Homebuyers
In a move to address Canada’s housing affordability crisis, Finance Minister Chrystia Freeland announced significant changes to federal mortgage policies
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GTA New Home Sales Hit Record Low in July 2024
The Greater Toronto Area housing market experienced a significant downturn in July 2024, with new home sales reaching an all-time
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GTA Real Estate Crisis: 30% of New Condos Are Cash Flow Negative As Calls For Bailouts Begin
New data reveals significant financial distress in the Greater Toronto Area (GTA) condo market as Canada grapples with an escalating
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Canada’s Population Is Up 1.27 Million in 12 Months, and People Still Can’t Afford to Buy a House
Recent data reveals that Canada has seen a staggering increase of 2.87 million people over the past three years. This
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39% In Ontario, BC Want To Leave Province Due To Soaring Housing Cost
Canada is witnessing a housing affordability crisis, prompting significant numbers of its residents to contemplate relocating to more affordable regions
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Ottawa Wants To Buy Hotels For Refugees As Canadians Struggle With Rent
As the capacity of hotels to house asylum seekers reaches a critical point, the Canadian government is contemplating purchasing hotels
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Trudeauville: Housing Crisis Pushes Canadians To Live In Rest Stops, “What Other Option Do I Have?”
A rest area along Highway 1 in Abbotsford, BC, has transformed into an RV camp for Canadians unable to afford
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OSFI Raises Concerns Over Potential Mortgage Defaults in Canada
The Office of the Superintendent of Financial Institution (OSFI) has released its Annual Risk Outlook for 2024/2025, highlighting mortgage credit
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Did Trudeau Admit That Housing Policies Favor Boomers Over Youth?
Prime Minister Justin Trudeau recently admitted that his government’s approach to housing aims to benefit existing homeowners, predominantly baby boomers,
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