10/8/2024 | Posted in Government and Regulation by Vanguard Realty
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The federal government is rolling out another set of mortgage changes aimed at addressing the housing shortage, this time focusing on supporting the construction of secondary ... More

Feds launch mortgage refinancing program to boost secondary suites and ease housing crunch

  9/25/2024 | Posted in Government and Regulation by Vanguard Realty
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As a follow-up to last week’s announcement, the federal government has unveiled a more detailed framework for its updated mortgage rules, which are set to take effect on ... More

Federal government releases technical details of its latest mortgage changes

  9/17/2024 | Posted in Government and Regulation by Vanguard Realty
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The federal government has unveiled sweeping changes to Canada’s mortgage system, calling them the “boldest reforms in decades.”

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Federal government raises insured mortgage cap to $1.5M, expands 30-year amortizations

  6/28/2024 | Posted in Government and Regulation by Vanguard Realty
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Ontario is holding the annual rent increase guideline for 2025 at 2.5 per cent. This is currently the lowest rate in the country and below the average inflation rate of 3.1 per ... More

Ontario government sets 2025 rental cap for most units

  6/13/2024 | Posted in Government and Regulation by Vanguard Realty
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The head of Canada’s banking regulator stood firm in rejecting renewed calls to remove the mortgage stress test on uninsured mortgage switches.

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OSFI doubles down on keeping stress test for uninsured mortgage switches

  5/30/2024 | Posted in Government and Regulation by Vanguard Realty
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The Ontario government has introduced legislation that includes a new 10-day cooling-off period for purchases of new freehold homes.

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New legislation includes 10-day 'cooling-off' period for new home purchases

  5/22/2024 | Posted in Government and Regulation by Vanguard Realty
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Toronto and Ottawa recently raised the fees despite a warning from Fraser that it would cut them off from future funds

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Housing minister says he's trying to convince big cities not to hike development charges

  4/16/2024 | Posted in Government and Regulation by Vanguard Realty
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Housing was a key priority in today’s federal budget, though it came as no surprise given the array of housing-related policy announcements unveiled in recent weeks.

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Budget 2024 housing highlights: capital gains inclusion rate on secondary homes rises to 66.7%

  4/12/2024 | Posted in Government and Regulation by Vanguard Realty
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The federal government today confirmed plans to consult with the mortgage industry on developing income verification tools through the Canada Revenue Agency.

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Feds commit to exploring CRA income verification in budget 2024 to address mortgage fraud

  4/11/2024 | Posted in Government and Regulation by Vanguard Realty
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Some advocates are praising Ottawa’s move to lengthen the amortization period on insured mortgages for certain homebuyers, but say expanding the policy to all Canadians ... More

Ottawa to allow 30-year amortization for first-time buyers' mortgages on new homes

  4/2/2024 | Posted in Government and Regulation by Vanguard Realty
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Prime Minister Justin Trudeau is pressuring Canada’s provinces to remove barriers to building more housing, including requiring them to freeze municipal development ... More

Trudeau offers billions to boost homebuilding - with strings attached

  3/22/2024 | Posted in Government and Regulation by Vanguard Realty
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Canada’s banking regulator says it has no plans to remove the stress test on uninsured mortgages for borrowers who choose to switch lenders.

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OSFI rejects Competition Bureau recommendation to drop mortgage stress test for lender switches
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