Canada’s newly installed Prime Minister Mark Carney announced the federal government will eliminate the Goods and Services Tax (GST) for first-time homebuyers on homes at or under $1 million. In a statement, Carney said the tax cut will save Canadians up to $50,000...
Edmonton, Alberta-based KV Capital has launched KV Building Products Access Fund LP, a closed-end fund that will enable accredited Canadian investors to invest alongside KV and its institutional partners in the firm’s Building Products Strategy. The fund focused on...
The Canadian government has allocated $365 million for the construction of 767 new rental homes in Toronto. The project’s first phase, which is now under development on an eight-acre, transit-oriented site owned by the City of Toronto, will be part of a...
A coalition of Canadian housing organizations have published a policy plan designed to strengthen the resiliency of their nation’s housing market. Citing Canada’s existing economic problems and the stress created by a new trade war with the United States, the...
Mark Carney, who served as governor of the Bank of Canada from 2008 to 2013 and governor of the Bank of England from 2013 to 2020, has succeeded Justin Trudeau as Prime Minister of Canada. Members of Canada’s governing Liberal Party elected Carney this evening on the...
UWM Says VantageScore 4.0 Improves Results for 1 in 4 Borrowers
