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Canada’s banking regulator is easing the burden on homeowners trying to switch their lender when renewing their mortgage by dropping the need to reapply the stress ... More

A recent study on Statistics Canada data shines light on trend

Police forces and legal experts in Ontario are pushing for the provincial government to make legislative changes that would reduce elaborate fraud scams targeting ... More

Canada’s banking regulator says the sustained increases in interest rates over the past 18 months have challenged some borrowers’ ability to pay and led to a ... More

With interest rates increasingly expected to stay higher for longer, many of the homeowners who locked in low rates years ago are likely bracing themselves for financial pain ... More

It's very likely that COVID-19 will shatter Ontario's municipalities' budgets, and without provincial or federal help they will have no option but to increase the ... More

Canadian homeowners continue to cut back on home renovation spending in 2019: CIBC Poll

Canadians spent nearly $78bln on renovations last year, but a slower sales cycle could impact that figure.

Spending drops as much as 25 per cent in some provinces as more homeowners focus on wear and tear.

A rental suite is a great way to help homeowners meet their mortgage payments at a time when home prices are creeping ever upward in some parts of Canada.

Earlier this week, Finance Minister Bill Morneau introduced tax changes that were aimed primarily at foreign investors in Canadian real estate to ensure they abide by our ... More

For most people, buying a first house or condo is exciting and a big leap into adulthood. But it doesn’t take long for the cold hard reality of mortgage payments, taxes ... More

Canadian household debt ratios hit a record high over the spring, according to new figures released Thursday by Statistics Canada.

Good news and bad news for homeowners; low interest rates are set to be around for a while but the Canadian economy is likely to remain sluggish.

A room’s size is sometimes a matter of perception, and the paint color on the walls has a lot to with that perception. Some colors can actually make a room appear ... More

Canadians are borrowing more as low interest rates help drive a thirst for credit. Non-mortgage loans increased in the second quarter of 2016 according to RBC, especially auto ... More

Canadian homeowners are projected to spend an average of $13,017 per household on renovations and home improvements this year, according to the latest poll by CIBC.

Canadians owe $1.65 for each dollar of disposable income according to Statistics Canada with an increase in debt levels driven by mortgage borrowing.

The ambitious climate change initiative proposed by Environment Minister Glen Murray and exposed by the Globe and Mail is bound to come with a hefty bill, critics caution.

The Liberal government said its plans to make it easier for landlords to evict problem tenants will lead to more affordable housing, but tenants' rights groups blasted the ... More

Canadian’s household debt continued its upward trajectory in the fourth quarter of 2015. The latest data from Statistics Canada shows that average debt rose by 1.5 per ... More

Colourful leaves and cooler temperatures are a sign that winter is on its way. Harsh winter winds, freezing temperatures, rooftop snow and ice build-up can cause damage to your ... More

Electricity prices in Ontario rose in November, pushing the average household hydro bill up by 3.4 per cent. There are some things you can do to keep your bill ... More

The federal government isn't the only one spending on construction projects of late, as Scotiabank said Wednesday that Canadians will spend a record $53 billion this year ... More

Canadian households are carrying more debt on average than they were last year but it is generally as the result of “good” spending. A report from mortgage lender ... More

In the heart of Toronto’s overheated housing market, where the average detached home now sells for more than $1 million, Harper vowed to make life better not for those ... More

Homebuyers looking for a mortgage are finding conditions are getting tougher if they are self-employed, at a time when there is an increasing number of self-employed Canadians. ... More

Canada’s ageing housing stock together with influence from TV shows has led to more spending on renovations. Figures from the Altus Group show that Canadian households ... More

A survey by Manulife Bank of Canada says nearly half of Canadian homeowners are taking steps to whittle down their mortgage debt, but many would be in trouble if their monthly ... More

Canadian consumers may be carrying record levels of debt but they are doing so responsibly. The Fraser Institute’s Phillip Cross, a former chief economist at Statistics ... More