Canadian Prime Minister Mark Carney has appointed Gregor Robertson as the nation’s new Minister of Housing and Infrastructure. Robertson became a Member of Parliament in last month’s election. He gained national prominence as mayor of Vancouver from 2008 to 2018....
Nearly one-third (32%) of Canadians complained that saving for a down payment was the greatest obstacle that keeps them out of the housing market, according to a new survey from CPA Canada and BDO Debt Solutions. Among the survey’s respondents, another 30% said the...
One of the most popular financial entities for Canadian homeowners has been the Bank of Mom and Dad. According to a new survey by BMO (NYSE: BMO), 43% of Canada’s homeowners said they could not have purchased their home without assistance from family. The survey...
The retailer Hudson’s Bay, Canada’s oldest continuously operating company, is winding down its six remaining namesake stores plus a Saks Fifth Avenue that were not included in its liquidation plans. Retail Dive reports the company declared that “a viable bid for the...
Roughly more than three-in-four Canadians support their federal government’s decision to ban foreigners from purchasing residential properties, according to a new poll from Research Co. The ban will be in effect until Jan. 1, 2027. In the online survey of 1,006 likely...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
