The embattled mortgage lender suffered massive year-over-year losses, but claims it has substantial capital to deploy as it looks become a major player again
Housing activity in Calgary has started the year with an increase in listings and a year-over-year fall in sales.
US citizens living in Canada may find they are hit with hefty tax bills when they sell their home.
The cost of electricity is set to soar in Alberta with transmission costs expected to double in the next ten years.
The future of the business is online and, according to one major broker, industry players who embrace that model will thrive in the coming years.
The ever-popular discussion about just how overvalued Canadian housing is has received its most gloomy prediction, which has sparked discussion about the accuracy of the methodology used to arrive at these figures.
If you need even more proof that the housing market’s hot, consider this: million-dollar homes are hardly considered luxury properties in many of Canada’s larger metropolitan areas.
A new report shows how much you need to earn to live in Canada’s major cities and as you’d expect there’s some disparity.
It’s not a new idea but it’s one that’s gaining popularity in Halifax, loft conversions creating new homes on existing plots.
Investors hoping to make a quick buck by buying, renovating and selling properties should look into the tax implications of doing so.
Alberta’s expected surplus will now be a $500 million deficit due to the fast and deep drop in oil revenues.