The federal government is taking steps to address the housing affordability crisis by raising the cap on insured mortgages to $1.5 million and expanding access ...

The Harmonized Sales Tax (HST) in Ontario is 13%. The Harmonized Sales Tax (HST) is applied to most goods and services in Ontario, although there are ...

Explore the comprehensive guide for first-time homebuyers in Canada, covering mortgage options, the mortgage stress test, pre-approval process, and tips for ...

The Bank of Canada observes reduced housing market overheating risks due to cooling demand and ongoing affordability challenges. Elevated borrowing costs and ...

Canadian real estate faces its toughest market conditions since the 90s recession, particularly in the Toronto condo market. High investor presence, rising ...

Canadian mortgage rates have fallen to a 17-month low following the Bank of Canada's recent rate cuts, presenting new opportunities for borrowers despite a ...

The prime rate in Canada is a benchmark interest rate set by financial institutions, influencing the rates for various lending products. It directly impacts ...

The Bank of Canada has cut interest rates again, lowering the overnight rate to 4.50%. This move aims to control inflation while supporting the economy, ...

Canada's inflation rate dropped to 2.7% in June, primarily due to slower growth in gasoline prices. Statistics Canada notes a significant impact from falling ...

Wage growth remains the key factor that could derail the Bank of Canada's planned rate cuts, despite stability in the Canadian dollar and housing market. The ...