Category: Uncategorized
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Canadian Insolvencies Hit Highest June Since 2010 as Bankruptcies Surge
Canada’s debt crisis is intensifying as consumer insolvencies reached their highest June total in 15 years, according to new data from the Office of the Superintendent of Bankruptcy (OSB). The 11,464 filings in June 2025 mark a 3.3% increase from last year and highlight a growing shift toward more severe forms of debt relief. What’s…
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Ontario Increasing Funding for Housing-Enabling Infrastructure
Ontario Premier Doug Ford has announced an additional $1.6 billion in funding for municipalities to support housing-enabling infrastructure projects. The funding boost is aimed at accelerating housing development across the province, particularly as Ontario struggles to keep pace with its ambitious homebuilding targets. $1.6 Billion for Housing Infrastructure The announcement was made at the Association…
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Top Canadian University Cities Where Buying Beats Renting
Looking for a smarter housing choice while studying in Canada? In some college towns, buying a home is actually cheaper than renting. This can be a game-changer for students, parents, and investors looking to make the most of their money. Below are the top Canadian university cities where mortgage payments are lower (or almost the same)…
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Half of Young Canadians Now Spend Over 50% of Their Income on Rent
A new survey shows that almost half of young Canadians are putting the majority of their income toward rent, highlighting the affordability crisis facing renters across the country. Rent Costs Exceeding Income Benchmarks For decades, financial advisers have recommended keeping housing costs around one-third of household income. But according to a 2025 survey by Rentals.ca,…
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Canadian Home Sales Expected to Stay Weak Until Prices Drop, Says BMO
Canada’s housing market is unlikely to see a strong rebound anytime soon, according to a new report from BMO Capital Markets. The bank says the gap between what sellers expect and what buyers are willing to pay remains the biggest obstacle to higher sales. Until that gap closes, either through voluntary price reductions or more…
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Calgary Rents Drop 9.2% Year-Over-Year – One of the Biggest Declines in Canada
Calgary’s rental market is cooling off in 2025, with average rents down 9.2% year-over-year. This marks one of the steepest declines in the country and places Calgary as a more affordable option compared to many other Canadian cities. Calgary’s Current Rental Prices These rates now position Calgary at #14 on the list of Canada’s most expensive rental…
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These Canadian Cities Have the Best ROI for Basement Apartments in 2025
Turning unused space into a legal basement suite remains one of the most affordable and effective entry points into the rental market. For Canadian investors, it’s a classic house-hacking strategy that can offset your mortgage, generate steady rental income, and boost resale value. In 2025, several cities stand out with strong rent-to-price ratios, high tenant…
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Canada’s Long-Term Unemployment Hits Highest Level in 27 Years as Labour Force Shrinks
Canada’s job market is showing signs of deeper trouble despite strong hiring earlier in the summer. New data from Statistics Canada reveals the country lost 41,000 jobs in July 2025, wiping out much of June’s gains. Even more concerning, the long-term unemployment rate has climbed to its highest level since 1998, while youth unemployment is…
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Canadian Home Sales Jump 6.6% in July – Signs of a Market Rebound?
Canada’s housing market showed strong momentum in July 2025, with national home sales rising 6.6% compared to the same time last year, according to new data from the Canadian Real Estate Association (CREA). A total of 45,973 homes changed hands across the country last month, up from 43,122 in July 2024. The national average sale…
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Canada’s Safest Neighbourhoods and Best Places to Raise a Family (2025 Update)
As housing affordability, quality of life, and safety become top priorities for Canadian families, many are wondering: Where are the best places to raise kids in Canada today? In this 2025 update, we break down the safest neighbourhoods and most family-friendly cities across the country using the latest data on crime, education, affordability, and livability.…
Canada Housing Market 