Housing Affordability
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Canada’s next wealth divide? It’s renters versus homeowners, RBC saysHousing unaffordability in Canada is exacerbating wealth divides between renters and homeowners in the country, according to an RBC analysis.MoneyMar 14
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Some Canadians exploring ‘non-traditional’ ways to own a home. What are they?Unaffordability in Canada's housing market is pushing nearly a third of would-be buyers to consider co-ownership and other 'non-traditional' paths to buy a home, Re/Max says.MoneyFeb 27
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Toronto neighbourhood group opposes development, gets hit with legal feesMembers of a west Toronto neighbourhood association are being ordered to pay $10,000 after fighting a development project.EconomyFeb 20
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On the Brink: How Nova Scotia’s affordability crisis was years in the makingWhile the COVID-19 pandemic may have been a driving factor in Nova Scotia's affordability crisis, experts say the issue has been years in the making.CanadaFeb 16
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Flow of temporary residents key to Canada’s economic fate: DesjardinsCanada's economy has benefitted from non-permanent residents in recent years, Desjardins says, but efforts to stem the flow of temporary workers could deepen a forecasted downturn.EconomyJan 11
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New government House leader sworn in. What are his priorities?Liberal MP Steven MacKinnon was sworn in as government House leader Monday at Rideau Hall, outlining his priorities for what he called a “consequential session of Parliament.”CanadaJan 8
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How to save for a house without the Bank of Mom and DadCan you buy a home without help from parents? It's a difficult prospect in some of Canada's biggest markets, but experts say there are ways to maximize your savings.MoneyDec 16, 2023
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Housing affordability at worst levels in 41 years, Bank of Canada index showsThe Bank of Canada's housing affordability index reached its worst levels in more than four decades last quarter as home prices rose alongside mortgage rates.MoneyDec 13, 2023
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Ottawa loosens mortgage stress test in housing-focused fall fiscal updateThe fall economic statement proposed a new Canadian Mortgage Charter to set expectations for homeowners' interactions with federal lenders.MoneyNov 21, 2023
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‘Bank of Mom and Dad’: StatCan report shows home ownership runs in the familyIf your parents are homeowners, the odds that you'll be a homeowner too are higher than they are for children of renters, according to a new Statistics Canada analysis.MoneyNov 20, 2023
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