Housing affordability has been a major talking point in the build-up to the Ontario election. As home prices have sky-rocketed throughout the last two years during the pandemic, each party has outlined their promises to make housing affordable ahead of the provincial election. Rising prices, however, are not just a symptom of

Canadian employment is the highest in 40 years but borrowers are showing signs of stress. Statistics Canada (Stat Can) data shows non-bank lenders saw an uptick in early mortgage delinquencies for Q4 2021. However, they were able to maintain a lower default rate than commercial banks. Part of this is due to

If we are to tackle the housing supply crisis, the game plan must include ending exclusionary zoning policies in municipalities to allow more density and missing middle housing to be built in residential neighbourhoods. Current zoning policies in the City of Toronto, for example, are overly restrictive and limit what

The rules of the First-Time Home Buyer Incentive have been re-written. For those in the dark, the First-Time Home Buyer Incentive (FTHBI) is designed to help people across Canada purchase their first home (in theory, at least). The program offers 5% or 10% of the home’s purchase price to put toward a down

The cost of living has gone up across the board for Ontarians, with everything from what drivers are paying at the pump to what shoppers are spending at the grocery store tightening their purse strings. Rent prices are no exception and a new report from the Advocacy Centre for Tenants Ontario (ACTO)