One-third (32%) of Canadians are predicting that the Bank of Canada will begin to cut interest rates next week, while 42% are believe no cuts will be forthcoming. According to a survey of 1,500 Canadians conducted by Dye & Durham, two-thirds (65%) of Canadians...
The Canadian government is allocating a $5 million repayable loan through the Shared Equity Mortgage Providers Fund to Ourboro Inc., which will fund shared equity mortgages for first-time homebuyers in the Greater Toronto Area and select communities across Ontario....
European Central Bank Chief Economist Philip Lane is signaling his agency is ready to cut interest rates next week, a disruption from its usual trend of following the Federal Reserve’s lead. In an interview with the Financial Times, Lane previewed the ECB’s upcoming...
Mainstreet Equity Corp. (TSX: MEQ), a Calgary-headquartered real estate operating company, announced that it was the target of a cybersecurity incident on May 21 which affected Mainstreet’s internal systems. Specific details on the exact nature of the incident were...
The Quebec Professional Association of Real Estate Brokers (QPAREB) has elected Serge Brousseau as president of its board of directors. Brousseau is the founding owner of the RE/MAX du Cartier agency, which encompasses six branches and over 350 brokers. He sat on the...
The Ottawa Board of Trade and the Canadian Urban Institute have unveiled the “Downtown Ottawa Action Agenda” to revitalized Canada’s capital and its surrounding region. Under this initiative, Downtown Ottawa will aim to add 40,000 new residential units and create...
