Bank of Canada monitoring hot housing market amid early warning signs: Macklem
Posted: Feb 25th, 2021In: ConstructionNewsOTTAWA – Bank of Canada governor Tiff Macklem says the central bank is seeing early signs that people may be purchasing homes solely because they believe prices may go up. Macklem says rising prices in[...]
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Bank of Canada Shares Employment Recovery Outlook
Posted: Feb 23rd, 2021In: ConstructionNewsIn a speech today to chambers of commerce in Calgary and Edmonton, Bank of Canada Governor Tiff Macklem discussed how the economy and jobs could be different after the COVID-19 pandemic and what we can do to[...]
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CMHC: Retail, construction and services workers have high share of mortgage deferrals
Posted: Jan 27th, 2021In: ConstructionNewsOTTAWA – Canada’s housing authority says retail, construction and services workers were the most common deferrers of mortgage payments in the first few months of the COVID-19 pandemic. New data from Canada’s Mortgage and Housing Corp. shows[...]
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