Finance
Real Estate News
2025 Housing Outlook "Uncertain" Amid Geopolitical Shifts, Says CHMC
CMHC shared their 2025 Housing Market Outlook Wednesday, and from the looks of things, the year ahead should be pretty tame — save for geopolitical conflict, trade wars, and immigration shifts, that is.
Feb 06, 2025
Real Estate News
7 Canadian Real Estate Questions We're Asking In 2025
From geopolitical conflict to economic uncertainty, there's plenty to keep a fretful eye on, especially as it relates to Canadian housing.
Construction
Housing Development Expected To Pause If Tariff Threat Turns Into Trade War
The tariffs have resulted in a pause on investment, which will delay development for several months, Vancouver developers warn.
Taxes
Feds Officially Defer Capital Gains Tax Increase To 2026
Minister of Finance and Intergovernmental Affairs Dominic LeBlanc has announced that the date on which the capital gains inclusion rate would increase from one-half to two-thirds on capital gains realized annually above $250,000 is being deferred from June 25, 2024 to January 1, 2026.
Higher Level Living: Langley Townhomes Serve Sweeping Rooftop Views For All
Tucked between the vibrancy of Willowbrook and the tranquility of Willoughby, Addition — rising via Redekop Ferrario Properties — is set to serve an unmatched lifestyle opportunity.
Taxes
Chow Sticks To 6.9% Property Tax Hike In ‘Mayor’s Budget’
“I understand that it is challenging for many across the city,” Chow wrote in a mayoral decision. “That’s why with this increase, we are expanding property tax relief programs.”
Real Estate News
As Climate Disasters Grow, So Does The Cost Of Home Insurance
Damage and destruction from climate disasters comes with a steep price tag — and not everyone is insurable.
Economy
Bank Of Canada Cuts Interest Rate Down To 3%, Lowest Since 2022
Wednesday’s quarter-point cut is in line with messaging that Governing Council will be taking a more “gradual approach” to monetary policy, after delivering 50 bps cuts in both October and December.
Economy
Where Every Big Bank Stands On Wednesday's Interest Rate Announcement
The economic climate over the past month has been turbulent enough to spur a fresh wave of speculation.
Finance
Newly Launched Financing Model Makes It Easier To Access Your Home Equity
The Home Equity Partners Inc. has debuted a HESA model in Canada, giving GTA homeowners the opportunity to access flexible financing by tapping into their home’s value. The best part? It doesn't involve taking on debilitating debt.
Economy
How Tariffs And Job Growth Could Impact Wednesday's Interest Rate Cut Decision
With unexpected job growth and tariff threats looming, the BoC's decision to cut the key interest rate next Wednesday remains muddied.
Real Estate News
Having More Big Cities, Rather Than Bigger Cities, Could Fix Canada's Housing Crisis
A new study from the C.D. Howe Institute argues that focussing homebuilding efforts in “superstar” cities like Toronto and Vancouver will keep already unattainable prices the same, or even increase them.
Mortgages
“The Norm For Some Time”: BMO Calls For Mortgage Rates Below 4% In 2025 Outlook
“There is room for variable rates — currently around 4.7% — to test the 4% level, which would be an important psychological and valuation barrier, but the Bank will have to continue easing.”
Under Construction
"Out Of Control": Ontario Needs Immediate Reform Of Taxation And Fee Structures
Poilievre has vowed to eliminate the federal sales tax on new homes sold for under $1 million and Crombie has pledged that she would do away with the provincial land transfer tax for first-time homebuyers. We now need the Conservatives to step up to the plate and do the same.
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