News

Canada's banking regulator makes surprise bid to unleash billions for lending

OSFI's surprise move frees up $74 billion in excess capital and could reshape the lending landscape for mortgage brokers and their clients

Canada's banking regulator makes surprise bid to unleash billions for lending

The five-year fixed is losing its grip on Canada

New data shows how dramatically — and what it means for renewal waves ahead

The five-year fixed is losing its grip on Canada

The uninsured mortgage boom

New Statistics Canada data reveals a seismic shift in who is driving Canada's housing market

The uninsured mortgage boom

Extreme weather pushes Canadian home insurance to record highs

Storm losses hit $8.6 billion in 2024 as home insurance premiums surge 45% in six years

Extreme weather pushes Canadian home insurance to record highs

Affordability worsens in all 13 major Canadian housing markets in May

Qualifying income thresholds rose in every city as fixed rates and home prices climbed

Affordability worsens in all 13 major Canadian housing markets in May

StatCan: Immigrant homeownership climbs while Canadian-born rates slip

New StatCan data shows immigrants are buying homes faster even as affordability challenges mount

StatCan: Immigrant homeownership climbs while Canadian-born rates slip