On March 22, 2024, the Canada Mortgage and Housing Corporation (CMHC) announced significant funding allocations from the Housing Accelerator Fund for Grand Bay-Westfield, Harvey Rural Community, and the Town of Sussex.

The Housing Accelerator Fund is a $4 billion initiative by the Government of Canada scheduled to operate until 2027. This fund is a component of the National Housing Strategy that was...

On April 19th, Statistics Canada released data indicating a decrease in investment in building construction for the month of February. The total investment declined by 1.1% to $19.3 billion compared to the previous month, with drops in both residential and non-residential sectors.

When considering inflationary effects, accounting for it using a constant dollar basis (with the base year being 2017),...

According to an Edge Realty Analytics report, The Edge Report – March 2024, there are some notable trends being experienced by mortgage lenders that may have impacts beyond the banking sector.

TD and BNS: Opposite Trends

The growth trajectories of two major Canadian banks, TD and BNS, are currently diverging dramatically in regards to their residential mortgage loan portfolios. BNS is experiencing...