Tag: finance
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Why Ontario’s HST Rebate Could Change The Market – What Buyers Need To Know
Housing prices and mortgage rates have pushed many Ontarians out of the market over the past two years. But a new provincial policy aims to make buying a home (especially a pre-construction home) more attainable by offering a new HST rebate structure that reduces the tax burden on buyers. If you’re a first-time buyer in Ontario or planning…
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Calgary’s Living Wage Jumps To $26.50 Per Hour, Report Shows
Calgary may still be considered one of Canada’s more “affordable” major cities, but new data shows the cost of living is rising quickly. According to a recent update from the City of Calgary Living Wage Network (via UrbaCalgary), residents now need to earn at least $26.50 per hour to maintain a basic, reasonable standard of living in the city.…
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Calgary Set To Lead Canada’s Real Estate Market In 2026, PwC/ULI Report Says
A new PwC Canada and Urban Land Institute report names Calgary the top market to watch in 2026, as capital shifts from condos to purpose-built rentals and modular housing gains momentum. Here’s what buyers, investors, and developers should know.A new PwC Canada and Urban Land Institute report names Calgary the top market to watch in…
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GTA Residents Now Need to Earn $27.20 Per Hour to Live Comfortably, Report Says
A new report shows GTA residents need $27.20 per hour to afford housing and essentials. Ontario’s minimum wage of $17.60 falls far short.
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41 Percent of Canadian Home Builders Have Laid Off Workers – Many Don’t Plan to Rehire
Canada needs to build 5.8 million homes by 2030 to restore affordability, according to CMHC, yet residential construction is now moving backward. A new report from the Canadian Home Builders’ Association (CHBA) shows: ✅ 41% of builders in Canada have laid off workers❌ Most do not plan to rehire them In key markets, the number is even higher: This marks the lowest level…
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House Rich, Cash Poor: Why So Many Canadians Are Stuck in Their Dream Home
Many Canadians are “house rich but cash poor” in 2025. Here’s why so many homeowners are struggling to afford everyday life despite sitting on hundreds of thousands in home equity.
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Atlantic Canada Housing Market Update 2025: Prices Rise in Halifax and Newfoundland, Drop in Cape Breton
Atlantic Canada’s real estate market is showing mixed results in 2025.Some cities are booming, while others are cooling down. According to Mortgage Professional America (MPA Magazine, September 2025), prices are up in Halifax and Newfoundland, but down in Cape Breton. Halifax-Dartmouth: Prices Up 5.8% Halifax remains one of the most in-demand cities on the East Coast.…
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How to Buy a House With Bad Credit in Canada (2025 Guide)
Think your bad credit is the end of your homeownership dreams? Think again. While it’s definitely more challenging, buying a house with bad credit in Canada is possible, especially in 2025, where alternative lending options and first-time buyer programs are expanding. If you’re working on rebuilding your financial profile but want to get into the market…
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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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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)…
Canada Housing Market 