The Bank of Canada considered holding interest rates steady in September amid trade uncertainty and stronger consumption, but opted to cut given signs of a weakening economy and tamer core inflation.| CMT News
From PPSA registrations to board approvals, we explore the mechanics of co-op financing and why it requires more effort, higher costs and fewer lender options.| CMT News
Paying rent, much like a mortgage, can often be a person's biggest monthly expense. Yet, there hasn't historically been a way for renters to get credit for making these large payments on-time like homeowners.| CMT News
At its 2025 Investor Day, the bank outlined plans to use AI to cut turnaround times, reshape branches into advice hubs and deliver billions in efficiency savings.| CMT News
President Donald Trump ordered 10% tariffs on imports of softwood timber and lumber, as well as 25% levies on kitchen cabinets, vanities and upholstered wood products, marking his latest bid to use import taxes to shore up domestic manufacturing.| CMT News
InterRent Real Estate Investment Trust says it has received Investment Canada Act approval for its deal to be acquired by a group including executive chair Mike McGahan and Singapore sovereign wealth fund GIC.| CMT News
Standing in a boardroom at the Fairmont Hotel Vancouver, Shawn Bouchard, vice-president of Quadra Homes in Abbotsford, B.C., said he initially planned to kick off his speech by burning a $20 bill before putting it a glass of water.| CMT News
Toronto-Dominion Bank is reinstating guidance on growth — with similar targets to those in place before a U.S. money-laundering scandal — as it pledges to slash billions in annual costs and boost revenue through a push to attract more clients and sell them additional products.| CMT News
As hundreds of TD Securities managing directors gathered at the Encore hotel overlooking Boston Harbor in June, there was a celebratory atmosphere in the air. Less publicly, there was grousing as well.| CMT News
Canadian Imperial Bank of Commerce appointed Mike Freeborn and Alfred Traboulsi co-heads of global corporate and investment banking.| Mortgage Rates & Mortgage Broker News in Canada
Prime Minister Mark Carney says he’ll announce Thursday the first wave of major projects to be fast-tracked under a new law passed by his government.| Mortgage Rates & Mortgage Broker News in Canada
There's a deepening divide among consumers, even as the rate of missed credit payments dipped, a new Equifax Canada report shows.| Mortgage Rates & Mortgage Broker News in Canada
Ontario's final tally for housing starts in 2024 is well off what's needed to achieve Premier Doug Ford's goal of getting 1.5 million homes built, even with various new categories the government is adding such as university dorms.| Mortgage Rates & Mortgage Broker News in Canada
Carney says he’ll look at opportunities to remove tariffs on US | Mortgage Rates & Mortgage Broker News in Canada
Prime Minister Mark Carney said Canada will look at whether to remove some counter-tariffs against the US, despite winning an election in which he pledged to fight back against President Donald Trump’s trade war.| Mortgage Rates & Mortgage Broker News in Canada
The Greater Toronto Area real estate market saw its hottest July since the pandemic, marking a turnaround from previous months when buyers held back while waiting for the economy to improve.| Mortgage Rates & Mortgage Broker News in Canada
Canadian Imperial Bank of Commerce has inched past Bank of Nova Scotia in market capitalization to become Canada’s fourth-most valuable bank, as investor sentiment shifts in favour of lenders with more exposure to the domestic market.| Mortgage Rates & Mortgage Broker News in Canada
Vancouver-area home sales were down two per cent in July compared with last year, as the city's real estate board says it continues to believe the market is showing early signs of recovery.| Mortgage Rates & Mortgage Broker News in Canada
One-time oil project import boosts spending as key exports fall under growing U.S. trade pressure| Mortgage Rates & Mortgage Broker News in Canada
A few notable data points this week could offer fresh insight into housing activity and the broader economy.| Mortgage Rates & Mortgage Broker News in Canada
A new TD survey shows widespread financial uncertainty among new Canadians, opening the door for brokers to play a more supportive role.| Mortgage Rates & Mortgage Broker News in Canada
How to get the best bang for your (extra) buck in a three-paycheque month | Mortgage Rates & Mortgage Broker News in Canada
Some extra cash may be about to land in your bank account. But don't label that third paycheque a bonus, experts warn.| Mortgage Rates & Mortgage Broker News in Canada
A new Toronto bylaw targeting renovictions comes into effect today, requiring landlords to get a licence before carrying out repairs or renovations that force tenants to move out.| Mortgage Rates & Mortgage Broker News in Canada
The national index for new condominium apartment prices dipped by 0.2% in the second quarter of 2025, according to new data from Statistics Canada.| Mortgage Rates & Mortgage Broker News in Canada
The affordable housing complex Mike Tiller is hoping for is unlike anything else in his community.| Mortgage Rates & Mortgage Broker News in Canada
Broad-based weakness dragged GDP down 0.1% in May, but preliminary June data points to a possible, if modest, rebound.| Mortgage Rates & Mortgage Broker News in Canada
Prepayment penalties can catch borrowers off guard, but for brokers who understand how they work, they’re a chance to support clients with timely advice and real savings.| Mortgage Rates & Mortgage Broker News in Canada
The Bank of Canada held its key rate on Wednseday, but growing economic slack and a complex trade outlook are strengthening the case for more easing.| Mortgage Rates & Mortgage Broker News in Canada
The Bank of Canada is expected to keep its overnight rate unchanged at 2.75% this Wednesday, as policymakers confront persistent inflation pressures and a mixed bag of economic signals.| Mortgage Rates & Mortgage Broker News in Canada
Founders Smith and Tawse to retain minority stakes as mortgage lender enters new chapter| Mortgage Rates & Mortgage Broker News in Canada
As a tariff storm blew in from south of the border earlier this year, many industries in Canada, including the home building sector, feared the unknown ahead of them.| Mortgage Rates & Mortgage Broker News in Canada
Keep up with Canadian Mortgage Trends by following us on our social media channels such as Facebook, X and LinkedIn.| Mortgage Rates & Mortgage Broker News in Canada
More than 9 out of 10 Canadians want to be able to live out their retirement years in the comfort of their home, and reverse mortgages are increasingly being used to make that a reality.| Mortgage Rates & Mortgage Broker News in Canada