MARKET NEWS

Banking giant's housing policy lead says the government's ambition is clear, but execution, detail, and time remain the real tests

Acting on climate action 'supports performance and competitiveness’

New data shows conditions tightened in April, even as brokers report cautious signs of life

Default concerns among Canadian mortgage consumers dropped in 2026, but a third of renewers are still absorbing steep monthly payment increases

Those worries among Canadian mortgage consumers dropped in 2026, but a third of renewers are still absorbing steep monthly payment increases

A jump in fixed mortgage rates and firming home prices in April erased months of affordability gains for buyers in 12 of 13 cities

As regional and monoline lenders expand beyond their home markets, many are increasingly relying on brokers for distribution, borrower acquisition and geographic diversification.

Statistics Canada says residential construction intentions declined 3.3% in March, weighed down by lower multi-family activity in Ontario and Quebec.

Canada’s finance minister said the country’s planned sovereign wealth fund will be designed to allow citizens to contribute to major nation-building projects, but isn’t intended…