canada News and Articles | My Blog
Canada's COVID-19 Economic Response Plan: Support for Canadians and Businesses
3/18/2020 | Posted in Canada Living by Paul DeAdder
The Government of Canada is taking immediate, significant and decisive action to help Canadians facing hardship as a result of the COVID-19 outbreak.
... MoreWhat to know about the Liberals' new housing-incentive promise
9/16/2019 | Posted in Home Buyers by Paul DeAdder
In an election announcement on Thursday, Liberal Party Leader Justin Trudeau promised to turbocharge the First-Time Home Buyer Incentive (FTHBI) for Canadians who live in ... More
Commercial cap rate compression around the corner
8/27/2019 | Posted in Commercial Real Estate by Paul DeAdder
Declining bond yields are putting downward pressure on cap rates and creating opportunity for investment in Canada’s commercial sector.
... MoreCalgary, Vancouver, Toronto remain among world's most liveable cities
9/5/2019 | Posted in Most Livable by Paul DeAdder
The Economist Intelligence Unit (EIU) unveiled its 2019 Global Liveability Index on Tuesday, listing the top 10 most livable cities in the world.
... MoreAverage Canadian household spent more on taxes than living costs in 2018, report finds
8/2/2019 | Posted in Financial Health by Paul DeAdder
The average Canadian household paid nearly $40,000 in taxes last year, more than the combined cost of clothing, food and shelter, according to a new report.
... MoreCanadian Housing Starts Jump To Highest Level Since 2007
7/11/2019 | Posted in Canadian Housing Market by Paul DeAdder
Canadian housing starts trended higher in June, primarily due to higher trending row and apartment starts, in urban areas.
... MoreInvestment in multifamily construction reaches new heights
6/24/2019 | Posted in Canadian Housing Market by Paul DeAdder
The residential construction sector led the gains for overall Canadian construction investment in April, the latest month of figures released by Statistics Canada.
... MoreDespite new details, First-Time Home Buyer Incentive is flawed
6/18/2019 | Posted in First Time Home Buyers by Paul DeAdder
While more details about the First-Time Home Buyer Incentive were released this week, there remains a glaring problem.
... MoreFirst-Time Home Buyer Incentive To Launch In September
6/18/2019 | Posted in Home Buyers by Paul DeAdder
The incentive will allow eligible first-time homebuyers who have the minimum down payment for an insured mortgage with CMHC, Genworth or Canada Guaranty, to apply to finance a ... More
Canadian housing starts trend decreased in May
6/11/2019 | Posted in Canadian Housing Market by Paul DeAdder
The trend in housing starts was 201,983 units in May 2019, compared to 205,717 units in April 2019, according to Canada Mortgage and Housing Corporation (CMHC).
... MoreMarket collapse appears less likely says RBC
6/10/2019 | Posted in Canadian Housing Market by Paul DeAdder
Last week’s market reports from real estate boards across Canada indicate there is recovery underway with even the tough market conditions in Vancouver suggesting a ... More
Canadian mortgage rates falling to their lowest level in 2 years
6/7/2019 | Posted in Interest Rates by Paul DeAdder
Spring is typically a busy time for home sales, so lenders are competing fiercely right now for new business — and that's adding up to record low rates for ... More
Industrial vacancy levels across Canada reach record lows
6/5/2019 | Posted in Commercial Real Estate by Paul DeAdder
Canada’s vacancy rate for industrial properties stood at a historic low of 3% during the first quarter of 2019, pointing to highly positive prospects for the asset class ... More
Homeowners' spending on renovations falls to 6-year low
6/5/2019 | Posted in Home Owners by Paul DeAdder
Canadian homeowners continue to cut back on home renovation spending in 2019: CIBC Poll
... MoreCanadian hotels investment set for a bumper year
5/14/2019 | Posted in Commercial Real Estate by Paul DeAdder
A report from CBRE forecasts rising demand from domestic and international investors which will boost investment in the sector beyond 2018’s $1.5 billion and the 10-year ... More
Canadian Bankruptcies Jump At Fastest Pace Since Financial Crisis
5/14/2019 | Posted in Financial Health by Paul DeAdder
Higher interest rates and a record-large debt burden are taking their toll on Canadians, with the number of households filing for insolvency hitting an eight-year high in the ... More
Household debt to have knock-on effect upon banks, economy
4/29/2019 | Posted in Canadian Economy and Interest Rates by Paul DeAdder
Canadians now owe an average of $1.79 for every dollar of disposable income.
... MoreSelf-employed increasingly turning to private lenders for mortgages
4/25/2019 | Posted in Mortgages and Real Estate by Paul DeAdder
The self-employed are among the growing number of Canadians turning to private lenders in order to obtain a mortgage.
... More48% of Canadians on brink of insolvency: Survey
4/22/2019 | Posted in Financial Health by Paul DeAdder
Sign of deteriorating financial stability for many people in the country.
... MoreFirst growth for construction sector in 8 months, best since 2013
4/1/2019 | Posted in Real Estate Market by Paul DeAdder
The start of 2019 saw an uptick for Canada’s construction sector as both residential and non-residential posted gains; and a stronger showing for real estate ... More
Canadian homeownership rates still among highest globally
3/6/2019 | Posted in Canadian Housing Market by Paul DeAdder
Homeownership rates in Canada remain among the highest in the world despite housing affordability concerns across the country, according to the Royal Bank of Canada (RBC).
... MoreWhy Canadians are suffering a bankruptcy spike
2/25/2019 | Posted in Interest Rates by Paul DeAdder
The Bank of Canada began raising its key overnight lending rate in July 2017 and it’s now at the highest level in a decade. Accustomed to historically low and even ... More
Economists renew prediction for lower interest rates for Canada in 2019
1/5/2019 | Posted in Canadian Economy and Interest Rates by Paul DeAdder
Ahead of the Bank of Canada’s first policy meeting of the year, scheduled for next week, Capital Economics is back at it again.
... MoreHigh debt levels, rising interest rates among challenges for 2019
12/19/2018 | Posted in Canadian Economy and Housing Market by Paul DeAdder
Canada’s economy will slow down in 2019 with consumer spending impacted by weaker employment, cooling house prices, high levels of debt, and rising interest rates.
... MoreCanadian Housing Starts Trend Increases in November
12/12/2018 | Posted in Canadian Housing Market by Paul DeAdder
The trend in housing starts was 210,038 units in November 2018, compared to 206,460 units in October 2018, according to Canada Mortgage and Housing Corporation ... More
TFSA Limit Rises to $6,000 for 2019
12/6/2018 | Posted in Financial Health by Paul DeAdder
The TFSA contribution limit for 2019 is $6,000, up from $5,500 in 2018.
... MoreMore homebuyers opted for variable rates in Q3 says CMHC
11/30/2018 | Posted in Home Buyers by Paul DeAdder
CMHC has published its financial report for the third quarter of 2018 which also reveals insights into this year’s homebuyers.
... MoreCanadian retail will be a great investment destination in 2019
11/28/2018 | Posted in Commercial Real Estate by Paul DeAdder
Canadian commercial property sales activity will remain robust over the near term, against a backdrop of positive overall sector performance.
... MoreRental vacancy rate dips to 2.4% across Canada, CMHC says
11/28/2018 | Posted in Rental Market by Paul DeAdder
Canada added 37,000 apartments this year, but demand rose by even more to 50,000 units.
... MoreMultifamily sector leads investment in construction
11/26/2018 | Posted in Real Estate Investments by Paul DeAdder
Investment in Canada’s building construction edged 0.3% higher in September compared to the previous month.
... More