Economy
Real Estate News
A “Normal” Spring For Toronto’s Housing Market? Maybe Next Year
Despite the overall slowdown, there are bright spots to speak of, with some properties under the $1 million-mark “getting a lot of traffic.”
Mar 20, 2025
Economy
Bank Of Canada Slashes Interest Rate To 2.75% As Trade War Develops
This marks the seventh interest rate cut in a row delivered by the Bank of Canada since June 2024.
Taxes
Is The Capital Gains Tax Hike Officially “Dead In The Water”?
“I think this trade war probably was the last nail in the coffin to say we cannot push this capital gains inclusion rate forward.”
Taxes
US To Double Tariffs On Canadian Steel, Aluminum Imports Effective Wednesday
The US is already imposing a 25% tariff on steel and aluminum, set to go into effect tomorrow, and that could be increased to 50% for Canadian imports.
This Maple Ridge Estate Beautifully Blends Nature With Luxury
The custom-built abode is more than just a residence — it’s an escape; a retreat where the hum of city life fades into the gentle rustling of trees.
Economy
Where Every Big Bank Stands On Wednesday's Interest Rate Announcement
As was the case in January, tariffs and trade dynamics are front and centre in the interest rate conversation.
Industry
"Unwarranted And Reckless": Canada's Housing Industry Reacts To Tariffs
President Donald Trump’s tariff threats have turned into a reality, sparking conversations across Canada.
Economy
BMO Forecasts Interest Rate To Drop To 2% By July As Tariffs Go Into Effect
Economists with BMO are calling for quarter-point cuts at the Bank of Canada’s next four meetings as it braces for a trade war.
Taxes
What The Big Banks Are Saying About Tariffs, Interest Rates, And Housing
To what degree Trump will follow through on his tariff threat is unclear, but economists with Canada’s ‘Big Five’ banks are warning of the far-reaching impacts.
Mortgages
'Severe Distress': Ontario Mortgage Delinquencies 50% Higher Than Pre-Pandemic
11,000 Ontario mortgages missed a payment in Q4-2024, according to Equifax Canada, which is nearly three times the number seen in 2022.
Mortgages
"Increasingly Attractive": More Canadians Leaning Towards Variable-Rate Mortgages Ahead Of Renewal
With borrowing costs on the decline, variable-rate mortgages have been gaining popularity amongst homeowners, Royal LePage reports in its most recent mortgage survey.
Economy
Facing Tariffs, BC Homebuilders Talk Policy Changes That Could Help
BC homebuilders, big and small, have been scrutinizing their supply sources intently the last two weeks, after a roller-coaster ride with US President Donald Trump threatening tariffs, pausing them, then starting up the threats again.
Real Estate News
Canadian Home Sales Dip In January Amid Tariff Uncertainty
Canadian home sales continued to underperform in the face of tariff uncertainty this January and listings unexpectedly jump 11% — the biggest monthly increase since the late 1980s, outside of the pandemic.
Economy
OHBA Ready To "Minimize" Steel And Aluminum Tariff Impacts On Housing
The Ontario Home Builders’ Association (OHBA) says it will work with the province to minimize impacts of tariffs on residential construction after US President Donald Trump kicked Monday off by announcing his intent to reinstate tariffs on Canadian steel and aluminum.
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