The Bank of Canada’s decision to hold interest rates steady again on Wednesday came as no surprise, but a fresh upsurge in oil prices and a new escalation in the US-Iran war are raising questions about whether hikes could be ahead before the end of the year. The...
The emerging market recovery in Canada appears to be holding—albeit just barely. A 0.5% rise in home resales in June from May extended the winning streak to three months, but marks a sharp deceleration from the robust 5.5% advance the previous month. Many prospective...
Canada's economy has shaken off two quarters of stagnant activity and is now tracking a meaningful rebound in the second quarter of 2026, according to a forecast update by RBC Economics senior economist Claire Fan. The recovery is being driven by resilient household...
Quebec developer Francis Roy has worked for six years toward what was supposed to become one of the province’s largest residential projects…Canada has about $555-billion worth of wastewater, drinking water and solid waste infrastructure, according to Statistics Canada...
Canada's prohibition on foreign residential property purchases is set to expire on January 1, 2027 and the federal government is signalling it has no intention of simply extending it again. According to a July 2026 analysis by Borden Ladner Gervais LLP (BLG), the...
Canada's real estate market continued to stabilize in June as home sales rose for a third straight month while fewer properties were listed, interrupting a prolonged slide in home prices. According to the Canadian Real Estate Association (CREA), national home sales...
Despite significant caps on study permits that have led to decreased enrollment among international students, a new report suggests that demand in Canada–and Ontario in particular–remains strong for student accommodations, with private entities taking the lead on...
Sweet, black gold is flowing again, just as Canada hits peak mortgage renewal season. BMO Capital Markets says the recent Hormuz Strait deal is pulling Government of Canada (GoC) bond yields lower, though fixed-rate borrowers may see little of it. The bank says...
We’ve all seen lease clauses inserted with good intentions that don’t actually hold up under Ontario law. The “no pets” clause. Excessive key deposits. Mandatory professional cleaning requirements. They sound reasonable on paper, but are they enforceable? When...
The Ontario government is opening applications for a new program that is intended to reduce building costs and speed up the construction of new homes. As part of the up to $8.8 billion partnership announced in March, the Development Charge Reduction Program (DCRP)...