Mortgage debt soars while starter homes get out of reach for many Canadians

2/24/2026 | Posted in Canada Living by Jessi Sandhu

Canadians took on more mortgage debt last year, with the total debt hovering close to $2 trillion in 2025, a report by Equifax Canada shows.

Tags: Canada Living, Mortgage Arrears, Mortgage Consumers, Mortgage Debt, Mortgage Delinquency, Mortgage Interest Costs, Mortgage Rates Canada, Mortgage Renewals

OSFI flags new risks from tariffs and housing strains in fall outlook

10/10/2025 | Posted in Canada Living by Jessi Sandhu

Canada’s financial watchdog has sharpened its focus on two emerging threats - tariffs and housing market strains - amid ongoing uncertainty in the global and domestic ... More

Tags: Canadian Debt, Canadian Housing Market Slowdown, Canadian Mortgage Market

BoC to look for stronger signals before cutting rates as inflation holds steady

6/24/2025 | Posted in Canada Living by Jessi Sandhu

Economists weigh in on whether a summer rate cut could be on the table after latest inflation figures

Tags: Bank of Canada, Bank of Canada Benchmark Rate, Canada Inflation Rate, Canada Living, Interest Rates, Mortgage Rates Canada

Carney set to further limit immigration to ease housing pressures

5/5/2025 | Posted in Canada Living by Jessi Sandhu

Prime minister Mark Carney has unveiled a sweeping set of reforms aimed at addressing Canada’s deepening housing crisis, including further limits on immigration and major ... More

Tags: Canada Real Estate, Immigration, New Homes