11/4/2024 | Posted in Government and Regulation by Adam Campoli
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Conservative Leader Pierre Poilievre has written to the provinces’ premiers, asking them to eliminate their sales taxes on new homes that are under $1 million. ... More

Real Estate & Mortgage News

  10/8/2024 | Posted in Government and Regulation by Adam Campoli
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The federal government is rolling out another set of mortgage changes aimed at addressing the housing shortage, this time focusing on supporting the construction of secondary ... More

Real Estate & Mortgage News

  9/25/2024 | Posted in Government and Regulation by Adam Campoli
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As a follow-up to last week’s announcement, the federal government has unveiled a more detailed framework for its updated mortgage rules, which are set to take effect on ... More

Real Estate & Mortgage News

  9/17/2024 | Posted in Government and Regulation by Adam Campoli
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The federal government has unveiled sweeping changes to Canada’s mortgage system, calling them the “boldest reforms in decades.” ... More

Real Estate & Mortgage News

  6/28/2024 | Posted in Government and Regulation by Adam Campoli
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Ontario is holding the annual rent increase guideline for 2025 at 2.5 per cent. This is currently the lowest rate in the country and below the average inflation rate of 3.1 per ... More

Real Estate & Mortgage News

  6/13/2024 | Posted in Government and Regulation by Adam Campoli
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The head of Canada’s banking regulator stood firm in rejecting renewed calls to remove the mortgage stress test on uninsured mortgage switches. ... More

Real Estate & Mortgage News

  5/30/2024 | Posted in Government and Regulation by Adam Campoli
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The Ontario government has introduced legislation that includes a new 10-day cooling-off period for purchases of new freehold homes. ... More

Real Estate & Mortgage News

  5/22/2024 | Posted in Government and Regulation by Adam Campoli
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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 ... More

Real Estate & Mortgage News

  4/16/2024 | Posted in Government and Regulation by Adam Campoli
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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. ... More

Real Estate & Mortgage News

  4/12/2024 | Posted in Government and Regulation by Adam Campoli
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The federal government today confirmed plans to consult with the mortgage industry on developing income verification tools through the Canada Revenue Agency. ... More

Real Estate & Mortgage News

  4/11/2024 | Posted in Government and Regulation by Adam Campoli
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Some advocates are praising Ottawa’s move to lengthen the amortization period on insured mortgages for certain homebuyers, but say expanding the policy to all Canadians ... More

Real Estate & Mortgage News

  4/2/2024 | Posted in Government and Regulation by Adam Campoli
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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 charges ... More

Real Estate & Mortgage News

  3/22/2024 | Posted in Government and Regulation by Adam Campoli
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Canada’s banking regulator says it has no plans to remove the stress test on uninsured mortgages for borrowers who choose to switch lenders. ... More

Real Estate & Mortgage News