Month: September 2020

There may be uncertainty on the horizon for the country’s real estate market, but young Canadians are undeterred and remain optimistic about the prospect of […]

At the national level, Canada’s housing market showed “moderate evidence of overvaluation” in the second quarter, according to the Canada Mortgage and Housing Corporation. “The […]

What’s in a name? Well, in the case of the Canada Housing and Mortgage Corporation, “mortgage” likely won’t for much longer. The housing agency announced […]

Equifax Canada has implemented changes to its mortgage inquiry process to enhance the protection of consumer information. The changes, which were first announced to the […]

The unlikely rebound of Canada’s real estate market continues, with home sales surging to 20% higher than pre-pandemic levels. Home sales in August were up […]

Big banks originate nearly 7 out of 10 (67%) of new Canadian mortgages, although their market share has fallen slightly from last year, according to […]

In early 2019, the board of the MPC Foundation began envisioning ways in which the foundation could evolve to make a more meaningful impact on […]

Despite a booming housing market and rapid job recuperation, the Bank of Canada warned that the country’s economic recovery will be “heavily reliant on policy […]

The country’s Big Six banks provided an update on the state of their mortgage deferrals, with each reporting varying results in terms of getting those […]

OSFI, Canada’s banking regulator, announced today it will start phasing out special regulatory capital treatment of deferrals given improving economic conditions. The changes are effective […]