Fitch warns of “unsustainable” levels of household debt including mortgages
Credit rating agency Fitch has warned that Canada’s banks are at risk due to “unsustainable” levels of consumer debt.
Economist: Housing market 'stretched'
One economist believes there are signs of overbuilding in Canada, a trend that that may be contributing to a housing bubble.
Starts remain steady
The cold weather hasn’t cooled housing starts, as CMHC reports steady numbers continuing into the holiday season.
Commercial outlook positive
Despite volatility in the commercial real estate market, brokers in this segment may expect an uptick in business in one major market as the economy continues to improve.
Canada needs another 4.5 million homes warns study
A new study says that we will need another 4.5 million homes over the next three decades.
Calgary relaxes rules on gated communities
Back in 2001 Calgary talked about banning gated enclaves in the city and in 2007 there was a clear statement in the land-use by-laws that gates across condominium driveways were not allowed.
Lenders face challenges in 2015 despite $31.7 billion profits
Canada’s five largest banks have collectively made profits of $31.7 billion in the past year, up $2 billion from the year before but they are warning of challenging times ahead.
Brokers question Equifax data
Brokers are questioning Equifax’s debt estimations, following an announcement that it believes Canadian household debt comprises two thirds home loans.
No signs of cooling in Canada’s hottest market
The red hot Toronto market is set to close out 2014 with a bang, according to recently released statistics.
Far Out Friday - 20 Quotes on Money
There's nothing like an inspirational quote, or one that makes you LOL, for that matter. From the depths of the Internet, WP shares a wide-variety of thoughts on money from some influential, comedic and idolized people.