In response to the coronavirus pandemic, the private lender has frozen redemptions in April
Steady growth and increasing attractiveness to investors are likely contributing to the rise in the city’s rental costs
Price movements in Toronto residential real estate might follow declines in home sales volume
New Brunswick mortgage arrears are still disproportionately high compared to the national delinquency rate
Mortgage debt is posed to represent a larger portion of Canadian families’ incomes, according to Statistics Canada
This is the first in a planned series of developments focused on long-term elder-care units and affordable condos
The six-tower residential and commercial complex is slated for completion by 2022
Record debt levels and lopsided credit-to-income ratio will exacerbate these dangers, the Bank of Canada warns
On the whole, the national mortgage industry stands as a sustainable system despite ongoing concerns, according to CMHC
More co-op homes can help address Canada’s housing affordability crisis
Risks to Canada’s financial system are variegated and intertwined, the Bank of Canada stated in its bi-annual review