CBC News ~ June 7th, 2023 The Bank of Canada decided to raise its benchmark interest rate to 4.75 per cent on Wednesday. It’s the first time that Canada’s central bank has raised its trend-setting interest rate since January, when the bank signalled it would conditionally pause its aggressive campaign […]

Financial Post ~ April 27th, 2023 Canadian home prices will continue to decline until the middle of 2023 before they bottom out and start rising again through 2025, according to the Canada Mortgage and Housing Corporation’s latest housing market outlook. The national housing agency’s annual forecast, released April 27, predicts […]

Global News ~ April 12th, 2023 The Bank of Canada is warning that higher mortgage rates tied to its rapid policy rate hikes over the past year will test some Canadian households’ finances in the months to come. The central bank’s latest projections about the impact of higher borrowing costs […]

Globe abd Mail ~ March 30th, 2023 If you’re riding out a floating-rate mortgage, you’re likely wondering when the prime rate will drop. The 22-year high in Canada’s prime rate has caused financial hardship for many – including 50-per-cent-plus payment increases on most adjustable-rate mortgages. Compared with a year ago, […]

2022 was a challenging year in the mortgage industry! We are proud of our team and the efforts put forth. We all know that we truly make a difference in our clients lives and are fortunate to assist them in making one of the biggest purchases of their lives, home […]

CP 24 ~ Feb. 22, 2023 The Canada Revenue Agency kicked off its tax season this week by urging Canadians to file their taxes on time — and reminding them that they may be owed money. The filing deadline of April 30 falls on a Sunday this year, so Canadians […]

Financial Post ~ Feb 10th, 2023 The statistics aren’t great for couples who argue about money. Being on the same page and having a way to talk — rather than fight — about money with your partner is crucial for a stable financial future. Whether you and your partner stay […]

January 6th, 2023 Toronto residents whose properties sit vacant for more than half the year will soon have to pay a hefty tax but it remains to be seen whether the penalty will actually help boost housing supply in a city facing an affordability crisis. Homeowners have been given until […]

Money Sense ~ December 22nd, 2022 A recap of the ups and downs investors and the markets dealt with in 2022 and a hint of what may be in store for them in 2023. What happened in 2022 to affect our finances. Let’s break down the highs and lows of […]