Author : Megan

Delinquency Levels Show Signs of Stabilizing, But The Financial Gap Continues To Widen For Some Canadians New insights from Equifax® Canada Market Pulse Quarterly Consumer Credit Trends and Insights show early signs of stabilization in consumer credit performance in the second quarter of 2025. The improvements in credit health were more visible for mortgage holders […]

How the Bank of Canada’s rate hold could impact you Key Takeaways:The Bank of Canada (BoC) just announced it is holding its lending rate steady at 2.75%This means that borrowing rates on many financial products, such as loans and mortgages, are unchangedTD Economics predicts that rate relief will come at some point in 2025, and […]

Canadian Home Sales Increase for the First Time in 2025; Are Home Buyers Regaining Confidence? For the first time since November last year, Canadian home sales were up when comparing month-over-month data. The latest data from the Canadian Real Estate Association (CREA) shows the number of home sales rose 3.6% in May compared to April, […]

GST relief for first-time home buyers on new homes valued up to $1.5 million From: Department of Finance Canada To lower the upfront cost of buying a new home for young Canadians and spur the construction of new homes across the country, the government is eliminating the Goods and Services Tax (GST) for first-time home […]

The Bank of Canada left its overnight target rate at 2.75% today. The next Bank of Canada announcement is July 30, 2025.

TD Economics: Canada’s economy flatlined in February, small rebound expected in March From TD Economics The economic momentum that carried into the early stages of 2025 is starting to wane. With the information we have at hand, Q1-2025 growth is tracking around 1.5%, a few ticks below the Bank of Canada’s April MPR projections. Past […]

TD Economics: U.S. Liberation Day Binds The World To High Tariffs Have mortgage questions? I’m here to help you!Please feel free to contact me with any questions you may have. It would be a pleasure to assist you or any one of your friends or family members!

New Listings Jump to Start 2025 as Tariff Uncertainty Weighs on Sales Canadian MLS® Systems posted a double-digit jump in new supply in January 2025 when compared to December 2024. At the same time, sales activity fell off at the end of the month, likely reflecting uncertainty over the potential for a trade war with […]

TD Bank: Another positive surprise for Canada’s job market in January The Canadian labour market’s solid job gains carried over into 2025, with 76k new jobs beating expectations. Job gains were split between full (+42.3k) and part-time (+38.6k) positions. The healthy job gain pushed the unemployment rate down another 0.1 percentage point to 6.6%. Following […]

Canadian Home Sales Continue to Climb in November Home sales activity recorded over Canadian MLS® Systems rose again in November, building on October’s surprise jump. Sales were up 2.8% in November compared to October, and now stand a cumulative 18.4% above where they were in May, just before the first interest rate cut in early […]