The Canadian Press Archives - Page 2 of 24 - Mortgage Rates & Mortgage Broker News in Canada

Key portfolios for business community to watch as Carney’s cabinet sworn in

May 13, 2025 No Comments

Canada’s business community will be monitoring files across various portfolios after Tuesday’s swearing-in of Prime Minister Mark Carney’s new cabinet.

Ontario to table bill to speed up home building as 1.5M target not on track

May 12, 2025 1 Comment

Ontario’s housing minister is introducing legislation today intended to speed up the construction of new homes, as he admits the province isn’t currently on track to meet its goal of getting 1.5 million homes built over 10 years.

Nova Scotia fixed-term lease loophole to remain in place despite some abuse: official

May 7, 2025 No Comments

A provincial official acknowledged Tuesday that some Nova Scotia landlords are abusing fixed-term leases, but the government is not looking to change tenancy law because there could be “unintended consequences.”

Toronto-area home sales fall in April as buyers wait out trade uncertainty: board

May 6, 2025 No Comments

Home sales in the Greater Toronto Area were down 23.3% in April amid continued uncertainty over the economy.

Mark Carney says he has priorities for his new government — here are 5 of them

May 5, 2025 3 Comments

Prime Minister Mark Carney laid out his priorities at his first post-election press conference on Friday, four days after his party won a minority mandate in the April 28 election.

Wild market swings make planning and safe havens important for investors

May 2, 2025 No Comments

Stock markets have taken a wild ride in recent weeks as U.S. President Donald Trump’s on-again, off-again tariffs have created massive uncertainty for companies and the economy at large.

B.C. gives short-term rental platforms an extension to confirm listings are legal

April 30, 2025 No Comments

The British Columbia government has granted short-term rental platforms an extra month to confirm their listings are legal.

Matthew Kempton, portfolio manager at Verecan Capital Management

Anxious about the cost of having kids? Don’t get discouraged, experts say

April 29, 2025 No Comments

The average cost of raising children is nearing $300,000, according to Statistics Canada — and that’s only up until 17 years old. Post-secondary education is not included, and how many 17 year olds are fully self-supporting?

Metro Vancouver housing figures underscore massive gap in affordable units

April 28, 2025 No Comments

The latest housing report from Metro Vancouver underscores the significant gap between current affordable rentals and the number of units required to prevent more people from falling into homelessness, the head of the BC Non-Profit Housing Society said as the district released its data Friday.

Hudson’s Bay sees interest in 65 of its leases: court documents

April 25, 2025 No Comments

A process to find takers for leases held by Hudson’s Bay has generated plenty of interest.

The Canadian Press