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...
A Phil Hall Op-Ed: I am sure you are familiar with a quote that says: “Insanity is doing the same thing over and over again and expecting different results.” I was reminded of that quote this week when learning that Canadian voters opted to continue 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...
Housing starts for the nationwide Canadian market totaled 214,155 units in March, down 3.3% from 221,405 units in February. According to Canada Mortgage and Housing Corporation (CMHC), housing starts were down 12.5% year-over-year in centers with a population of...
Habitat for Humanity Canada has issued a new report detailing how its affordable housing creation programs have contributed to the Canadian economy. According to the organization, Habitat for Humanity Canada invested approximately $306 million in building and...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
