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....
The Bank of Canada is warning that homeowners and renters continue to struggle in adapting to the nation’s new normal of higher interest rates. According to Financial Post coverage, Bank of Canada Governor Tiff Macklen acknowledged the adjustment to higher interest...
Habitat for Humanity Canada announced the appointment of Pedro Barata as president and CEO effective June 24. Barata is currently executive director of the Future Skills Centre, where he led the launch of more than 200 innovation pilots in every region and sector in...
The Canadian multifamily real estate company VIDA has launched an international landscape and design contest for a new 6.6-acre affordable home community, nestled in Kentville, Nova Scotia – and to kick off the contact, the company has recruited the stars of The...
A major retailer shutting down stores, a federal regulator being pressed for transparency and living in a Mercedes-Benz (but not a car). From the wild and wooly world of real estate, here are the Hits and Misses for the week of Feb. 25 to March 1. Miss: No Miracle on...
Small Mortgages Fall Below 3% of Originations, Exposing Rural Lending Gap
