‘The only people refinancing today are the people who really need to’ Canada’s housing market has been on a roll for years, but the Bank of Canada’s aggressive path of interest rate hikes and the possibility of a recession are ushering in a new economic reality that is beginning to

Today, Scott Barlow broke data riddled with the ‘R’ word. You know the one. Recession.  Barlow, a market strategist for The Globe and Mail, cited data from TD economists which analyzed recessionary risk in Canada over the next 12 months to two years. In particular, yield curves were suggested to be the strongest

Canada’s Tax Authority Has Been On A Multi-Billion Dollar Real Estate Crackdown Canadian real estate owners are stuck paying a buttload in penalties after trying to avoid taxes owed. New data from the Canada Revenue Agency (CRA) shows their crackdown on real estate owners/sellers has led to billions in recouped revenue. Data

TORONTO – When Shannon Tebb listed her downtown Toronto loft for sale in mid-June, she did everything to make the property attractive for buyers. She hired stagers, painted walls, washed the windows, listed the place below market value and advertised all over social media. But by July, she was pulling

Inflation is wreaking havoc on everything from grocery bills to monthly mortgage payments. Now at 8.1%, Canada’s sky-high inflation rate has become impossible to ignore. So have its potential ramifications. A new blog post from the International Monetary Fund (IMF) highlights the dramatic extent to which inflation is impacting monetary policy — and the potential urgency