10/8/2024 | Posted in Government and Regulation by Paul Solomons
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The federal government is rolling out another set of mortgage changes aimed at addressing the housing shortage, this time focusing on supporting the construction of secondary ... More
9/17/2024 | Posted in Government and Regulation by Paul Solomons
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The federal government has unveiled sweeping changes to Canada’s mortgage system, calling them the “boldest reforms in decades.”
... More 5/22/2024 | Posted in Government and Regulation by Paul Solomons
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Toronto and Ottawa recently raised the fees despite a warning from Fraser that it would cut them off from future funds
... More 4/16/2024 | Posted in Government and Regulation by Paul Solomons
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Housing was a key priority in today’s federal budget, though it came as no surprise given the array of housing-related policy announcements unveiled in recent weeks.
... More 4/2/2024 | Posted in Government and Regulation by Paul Solomons
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Prime Minister Justin Trudeau is pressuring Canada’s provinces to remove barriers to building more housing, including requiring them to freeze municipal development ... More
1/22/2024 | Posted in Canada Living by Paul Solomons
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Canada’s pace of population growth continues to set records as the country brings in a historic number of temporary residents, largely through international student and ... More
11/21/2023 | Posted in Mortgages and Real Estate by Paul Solomons
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From a crackdown to short-term rentals to new investments to create more housing supply, the federal government made housing a key component of its Fall Economic Statement ... More
11/20/2023 | Posted in Canadian Economy and Interest Rates by Paul Solomons
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Without that boost in spending, the central bank’s key overnight lending rate would be about 3 per cent instead of the current 5 per cent, according to Scotiabank ... More
7/6/2023 | Posted in Mortgages and Real Estate by Paul Solomons
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Ottawa has published a new set of guidelines to standardize how Canada’s federally regulated lenders offer mortgage relief to consumers struggling under the weight of ... More
6/13/2023 | Posted in Canadian Economy and Interest Rates by Paul Solomons
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The Bank of Canada will have to keep rates higher for longer unless governments do more to dial back their spending, one of the country’s largest commercial lenders ... More
3/26/2020 | Posted in Mortgages and Real Estate by Paul Solomons
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Canada beefs up liquidity plan with expanded mortgage guarantee
... More 3/18/2020 | Posted in Canada Living by Paul Solomons
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The Government of Canada is taking immediate, significant and decisive action to help Canadians facing hardship as a result of the COVID-19 outbreak.
... More 10/24/2017 | Posted in Ontario Real Estate by Paul Solomons
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A renewed boost of consumer confidence will make itself apparent in the increased stability of Ontario’s residential real estate market, a few months after the ... More
4/4/2017 | Posted in Toronto Real Estate by Paul Solomons
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Governments may have to impose more measures to cool Toronto’s housing market if prices remain “overheated” after the spring buying season, said Bank of Nova ... More
3/6/2017 | Posted in Toronto Real Estate by Paul Solomons
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The government remains “very focused” on monitoring the Canadian housing market, Finance Minister Bill Morneau said. His remarks come amid rising prices in Toronto ... More
1/30/2017 | Posted in Toronto Real Estate by Paul Solomons
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In a report released last week, the Royal Bank of Canada cautioned that the trends and conditions in Toronto real estate point to the growing possibility of government ... More
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