The Canadian government announced the launch of the Canada Public Land Bank, which features 56 federal properties identified as being able to support housing. Among the properties within the new entity are five sites that now intended for leasing and ready for...
McDonald’s Corp. (NYSE:MCD) has announced plans to open over 200 new restaurants across the UK over the next four years, a $1.3 billion investment with the goal to create over 24,000 jobs. The new initiative is part of the “McDonald’s at 50” endeavor that highlights...
The body of a high-profile Toronto-area real estate broker who was reported missing earlier this month has been identified. The Toronto Star reported Yuk-Ying (Anita) Mui was last heard from by her family on the morning of Aug. 9; Mui’s vehicle, a white 2024...
Toronto-headquartered Equitable Bank is rolling out the Laneway House Mortgage, a construction loan designed to help Canadian homeowners finance the building of laneway homes or garden suites on their property. The new loan product will initially be available in the...
While Jerome Powell’s Federal Reserve continues to debate whether to cut rates, two central banks in Europe are already witnessing economic progress from their respective rate cuts. The Bank of England’s first rate cut in four years sparked a renewed interest in...
Home sales across Canada during July were down by 0.7% month-over-month but were also up 4.8% from one year earlier, according to the Canadian Real Estate Association (CREA). Monthly changes in sales activity were generally small in the larger urban centers, with...
Mortgage Delinquency Rate Inches Up to 3.72%
