coronavirus News and Articles | My Blog
Toronto home sales plummet in April as coronavirus shutdowns hit housing market
4/22/2020 | Posted in GTA Real Estate by Paul DeAdder
Toronto home sales tumbled in the first half of April, down 69 per cent compared with the previous year, as the coronavirus pandemic led to an economic slowdown and a huge ... More
Canada's big banks field half a million mortgage deferral requests
4/4/2020 | Posted in Mortgages and Real Estate by Paul DeAdder
Canada’s biggest banks have received nearly half a million requests from homeowners to hold off mortgage payments as the economic fallout from the COVID-19 pandemic ... More
Canadian Home Sales Brace for 30% Drop on Virus
4/2/2020 | Posted in Canadian Housing Market by Paul DeAdder
Real estate listings are drying up, open houses have been canceled, and buyers are staying home.
... More4/1/2020 | Posted in Canada Living by Paul DeAdder
How to stay safe if venturing outdoors for essential reasons during COVID-19.
... MoreBank of Canada: Key interest rate cut to lowest level
3/27/2020 | Posted in Canadian Economy and Interest Rates by Paul DeAdder
The Bank of Canada is cutting its key interest target by half a percentage point to 0.25 per cent in an unscheduled rate announcement.
... MoreOntario ordering non-essential businesses to close
3/25/2020 | Posted in Ontario News by Paul DeAdder
All “non-essential” workplaces in Ontario have been ordered closed effective 11:59 p.m. Tuesday for 14 days as the battle against COVID-19 reaches a critical ... More
Canada set for muted spring home-selling season as coronavirus saps sentiment
3/21/2020 | Posted in Canadian Housing Market by Paul DeAdder
Realtors across Canada are kicking off the busy spring selling season with the unprecedented step of cancelling open houses, moves that could contribute to slower-than-forecast ... More
Toronto announces 60-day grace period for tax, utility bill payments
3/20/2020 | Posted in Toronto News by Paul DeAdder
The City of Toronto is waiving all penalties on late property tax and other bill payments for the next two months in response to the unprecedented economic impact of the ... More
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.
... MoreCanada to close borders to most foreign nationals, except Americans
3/16/2020 | Posted in Canada Living by Paul DeAdder
Prime Minister Justin Trudeau has announced the federal government will close its borders to most people who are not Canadian citizens or permanent residents as part of its ... More
Coronavirus-driven rate cut could add kerosene to Canada's housing market
3/4/2020 | Posted in Canadian Housing Market by Paul DeAdder
Lower mortgage rates likely to offset any major drag from a global outbreak
... More