Blog
February 12, 2026
CMHC outlook sees home sales picking up in 2026 but will remain subdued
Canadian Press ~ February 10th, 2026 The country’s national housing agency says it expects home sales to pick up this year, though demand is forecast to remain below historical averages as the economy grows slowly. Canada Mortgage and Housing Corp. says the pickup in housing demand will be led by […]
February 8, 2026
Most homeowners dodge mortgage renewal pain as Toronto, Vancouver flash warning signs: CMHC
Globe and Mail ~ February 5th, 2026 The number of Canadians missing mortgage payments is growing but remains below historical norms, according to new data from Canada’s housing agency, suggesting that the country is weathering a wave of pandemic-era mortgage renewals better than expected. Tania Bourassa-Ochoa, deputy chief economist at […]
January 28, 2026
Bank of Canada maintains policy rate at 2¼%
www.bankofcanada.ca ~ January 28th The Bank of Canada today held its target for the overnight rate at 2.25%, with the Bank Rate at 2.5% and the deposit rate at 2.20%. The outlook for the global and Canadian economies is little changed relative to the projection in the October Monetary Policy […]
January 12, 2026
Best RRSP Savings Accounts In Canada For 2026
Forbes ~ January `12th, 2026 While an investment portfolio is the best strategy for growing your retirement savings, RRSP savings accounts are an important tool that lets you keep cash in your registered account. The best RRSP savings accounts in Canada have no minimum deposits, no fees and pay a […]
December 29, 2025
The year in money: notable personal finance changes for 2025
The Canadian Press ~ Dec 11, 2025 TORONTO – There’s been a lot to keep up with this year, so it’s easy to have missed new developments on the personal finance front even if they might mean more money in your pocket. To help stay up to date, here’s a […]
December 22, 2025
Self-employed at renewal? Why small changes can complicate your mortgage
Canadian Mortgage Trends ~ December 22nd, 2025 Renewing with your current lender is often straightforward, even if you are self-employed, but things change quickly if you want to refinance, switch lenders, or add someone to your mortgage For many Canadians, a mortgage renewal is quick and painless. If a mortgage […]
December 14, 2025
Bank of Canada maintains policy rate at 2¼%
The Bank of Canada today held its target for the overnight rate at 2.25%, with the Bank Rate at 2.5% and the deposit rate at 2.20%. Major economies around the world continue to show resilience to US trade protectionism, but uncertainty is still high. In the United States, economic growth […]
November 30, 2025
More Canadians are missing non-mortgage debt payments, says Equifax
CBC News ~ November 26th, 2025 Equifax Canada says the number of consumers missing a non-mortgage debt payment in the third quarter rose compared with a year ago. The company says the 90-day non-mortgage balance delinquency rate was 1.63 per cent, up 14 per cent compared with the third quarter […]
November 13, 2025
Mortgage rates await the fate of Trump’s tariffs
Financial Post ~ November 6th, 2025 The path for rates now largely rests on how much harder (or lighter) Trump hits Canada with tariffs With United States President Donald Trump’s tariff policy still fogging up Canada’s economic outlook, mortgage rates remain in a two-year downtrend. And yet, despite the Bank […]
October 30, 2025
Bank of Canada lowers key interest rate to 2.25%, suggests it’s done cutting rates for now
CBC News ~ October 29th, 2025 The Bank of Canada lowered interest rates to 2.25 per cent on Wednesday, but cautioned that monetary policy can’t fix the structural economic damage caused by the U.S. trade war. The central bank said it made the 25-basis-point cut as weakness ripples through the […]
