Gen Z Canadians are reaching homeownership by making three trade-offs at once: cutting lifestyle spending to grow a down payment, accepting higher mortgage rates than
This article is for informational purposes only and does not constitute financial, tax, or legal advice. Speak with a licensed mortgage professional and a qualified
This article is for informational purposes only and does not constitute financial or tax advice. Speak with a licensed mortgage professional before making any mortgage
The third GST/HST instalment for 2026 is due October 31, 2026 , covering the July–September quarter. Annual filers whose net GST/HST owing was $3,000 or
Canada needs to build between 417,000 and 469,000 new homes every year through 2036 to restore housing affordability to pre-pandemic (2019) levels, according to CMHC's
Canadians are choosing variable-rate and shorter-term fixed mortgages because borrower expectations have shifted with the rate cycle. CMHC data shows that in Q1 2026, 35.5%
Yes, a meaningful share of Canadians regret their mortgage renewal choices. In CMHC's Mortgage Consumer Survey, 25% of mortgage consumers said they regretted at least
Core inflation strips out volatile items like gasoline and fresh food to show the underlying trend the Bank of Canada actually targets. Headline inflation is
Canadian mortgage bonds are debt securities backed by pools of Canadian residential mortgages. The 2026 SEC no-action letter lets Canadian covered bonds be marketed to
A blended mortgage rate is a single interest rate a lender creates by combining your existing mortgage rate with today’s rate on any additional money
In Canada, if you switch mortgage lenders at renewal on the same loan balance and the same remaining amortization, the new lender is generally not
Yes, most Canadian mortgages are portable, meaning you can transfer your existing rate, balance, and term to a new home when you move. Lenders typically
