5/22/2024 | Posted in Government and Regulation by Russell Pearsall
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Toronto and Ottawa recently raised the fees despite a warning from Fraser that it would cut them off from future funds

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Real Estate & Mortgage News

  4/16/2024 | Posted in Government and Regulation by Russell Pearsall
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Housing was a key priority in today’s federal budget, though it came as no surprise given the array of housing-related policy announcements unveiled in recent weeks.

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Real Estate & Mortgage News

  4/2/2024 | Posted in Government and Regulation by Russell Pearsall
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Prime Minister Justin Trudeau is pressuring Canada’s provinces to remove barriers to building more housing, including requiring them to freeze municipal development ... More

Real Estate & Mortgage News

  1/22/2024 | Posted in Canada Living by Russell Pearsall
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Canada’s pace of population growth continues to set records as the country brings in a historic number of temporary residents, largely through international student and ... More

Real Estate & Mortgage News

  11/21/2023 | Posted in Mortgages and Real Estate by Russell Pearsall
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From a crackdown to short-term rentals to new investments to create more housing supply, the federal government made housing a key component of its Fall Economic Statement ... More

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  11/20/2023 | Posted in Canadian Economy and Interest Rates by Russell Pearsall
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Without that boost in spending, the central bank’s key overnight lending rate would be about 3 per cent instead of the current 5 per cent, according to Scotiabank ... More

Real Estate & Mortgage News

  7/6/2023 | Posted in Mortgages and Real Estate by Russell Pearsall
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Ottawa has published a new set of guidelines to standardize how Canada’s federally regulated lenders offer mortgage relief to consumers struggling under the weight of ... More

Real Estate & Mortgage News

  6/13/2023 | Posted in Canadian Economy and Interest Rates by Russell Pearsall
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The Bank of Canada will have to keep rates higher for longer unless governments do more to dial back their spending, one of the country’s largest commercial lenders ... More

Real Estate & Mortgage News

  3/26/2020 | Posted in Mortgages and Real Estate by Russell Pearsall
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Canada beefs up liquidity plan with expanded mortgage guarantee

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Real Estate & Mortgage News

  3/18/2020 | Posted in Canada Living by Russell Pearsall
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The Government of Canada is taking immediate, significant and decisive action to help Canadians facing hardship as a result of the COVID-19 outbreak.

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Real Estate & Mortgage News

  10/24/2017 | Posted in Ontario Real Estate by Russell Pearsall
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A renewed boost of consumer confidence will make itself apparent in the increased stability of Ontario’s residential real estate market, a few months after the ... More

Real Estate & Mortgage News

  4/4/2017 | Posted in Toronto Real Estate by Russell Pearsall
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Governments may have to impose more measures to cool Toronto’s housing market if prices remain “overheated” after the spring buying season, said Bank of Nova ... More

Real Estate & Mortgage News

  3/6/2017 | Posted in Toronto Real Estate by Russell Pearsall
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The government remains “very focused” on monitoring the Canadian housing market, Finance Minister Bill Morneau said. His remarks come amid rising prices in Toronto ... More

Real Estate & Mortgage News

  1/30/2017 | Posted in Toronto Real Estate by Russell Pearsall
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In a report released last week, the Royal Bank of Canada cautioned that the trends and conditions in Toronto real estate point to the growing possibility of government ... More

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