Had former Prime Minister Stephen Harper not slashed $500 million from the RCMP’s budget to fight organized crime, money laundering through Canadian real estate wouldn’t be rampant today, charges a lawyer
The weekly Bloomberg Nanos Canadian Confidence Index shows that Canadian householders are as cautious as the experts about rising house prices.
A lack of affordable rental property in British Columbia is at crisis levels according to BC Non-Profit Housing Association.
With a $12.5 billion deficit Ontario’s government could have done with some good news, but instead the province’s fall economic update showed a $500 million black hole in revenues and slower growth ahead.
The parent company of one of Canada’s major lenders announced its third quarter results – its strongest quarter this year.
The Canadian housing market remains in balanced territory, despite a seven per cent rise in year-over-year home sales in October, according to monthly CREA data.
CMP’s December issue will feature the annual alternative lending guide and if more and more brokers relying on an increasing number of alternative deals, we want to know what percentage of your business is made up of Alt-A business.
The much talked-about foreign investment impact makes headlines but Toronto’s hot housing market is more than a single story.
Canada continues to provide a steady and large flow of buyers of real estate in the US but realtors and mortgage brokers south of the border advise that there’s research that needs to be done.
Experts are predicting that there will be a softening of the economy in Calgary and throughout Alberta next year and for a few years after.
Expect more cuts to come, says one broker, following the announcement that one big bank has axed 1,500 jobs.