Toronto’s housing plan could take years to improve affordability for renters: experts
Toronto’s recently approved housing plan is a good step forward but it could take years before the increase in supply makes renting more affordable in the city, urban planners and experts say. Toronto city council […]
Read More about Toronto’s housing plan could take years to improve affordability for renters: expertsMortgage stress tests unchanged despite housing market slowdown
Mortgage stress test levels were left unchanged Thursday as the federal banking regulator and Department of Finance favoured a cautious approach over calls to relax tests to help a slowing housing market. The Office of the Superintendent […]
Read More about Mortgage stress tests unchanged despite housing market slowdownBank of Canada governor says rate hikes are working but it needs to stay the course
The Bank of Canada expects to see a clear pullback in inflation by the spring, but it isn’t taking any chances in its efforts to get the inflation rate back to two per cent, said governor Tiff Macklem on […]
Read More about Bank of Canada governor says rate hikes are working but it needs to stay the courseRenting increased by three times the rate of home ownership in last decade: RBC
TORONTO – Royal Bank of Canada economists say the country has reached a record number of renters as the number of people renting has increased at three times the rate of homeowners in the past […]
Read More about Renting increased by three times the rate of home ownership in last decade: RBCFord to Crombie, mayors criticizing housing law: ‘Get on board’ and ‘stop whining’
The mayor of Mississauga and other municipal leaders who have voiced opposition to a new provincial housing law need to “get on board” and “stop whining,” Ontario Premier Doug Ford said Wednesday in an unprompted […]
Read More about Ford to Crombie, mayors criticizing housing law: ‘Get on board’ and ‘stop whining’