CREA

The Canadian housing market chilled significantly over the course of 2022, as a series of steep interest rate hikes from the Bank of Canada created …

Here’s what caught our eye this week: CREA cut its real estate outlook for 2018 The Canadian Real Estate Association (CREA) cut its 2018 real estate forecast in light of new OSFI mortgage rules coming into … Read More

Bank of Canada Governor Mark Carney Heading to the U.K. After months of media speculation, it finally became official – Mark Carney announced he is leaving his post as the Governor of the Bank of Canada … Read More

Canadian Household Debt Reaches U.S. Bubble Territory The average Canadian household is even more in debt than we could have imagined. According to Statistics Canada, the debt-to-income ratio (calculated by dividing your total debt by your … Read More