Blog

On June 10, 2026, the Bank of Canada maintained its overnight lending rate at 2.25%, marking its fifth consecutive rate hold. While many Canadians were hoping for a rate cut, the Bank continues to take a cautious approach as it monitors inflation, economic growth, and ongoing global uncertainty. Why Did the Bank Hold Rates? The […]

Thinking of buying a condo, townhouse or other strata-based home? There’s plenty to think about, from reserve funds to house rules to joining the board. Here are the crucial considerations before you sign on the dotted line. New or Resale? There are important differences between a new or resale unit. With a new unit, you’ll […]

Fixed rates have been on the move over the past couple of weeks, and here's what you need to know. Here’s what’s driving that: Bond yields have jumped (specifically the 5-year Government of Canada bond, which fixed rates are based on) In fact, yields have increased by roughly 0.50%+ in just the past couple of […]

The Bank of Canada maintained its policy rate at 2.25% today, March 18th, for the third consecutive time. What just happened? Today,  Wednesday, March 18, 2026, the Bank of Canada held its key interest rate at 2.25%. This is the third rate hold in a row Most experts expected this The Bank is not rushing to […]

For many Canadians, saving for a down payment is only one part of the challenge of buying a home. Closing costs, taxes, and other expenses can quickly add up and make homeownership feel just out of reach. To help address affordability, the federal government has introduced a new GST rebate for first-time home buyers purchasing […]

The Bank of Canada's recent rate announcement was a hold. Here's what it means for you, your mortgage, and your plans in 2026. What just happened? This past Wednesday, January 28, 2026, the Bank of Canada held its key interest rate at 2.25%. This is the second rate hold in a row Most experts expected this […]

One of the most common questions I hear is: “Should we wait?” “What if rates drop?” “What if they go up?” The honest answer is this: interest rates are out of our control, just like many of the factors that influence them. The Reality of the Mortgage Landscape Interest rates are shaped by forces far […]

Canada’s November Labour Force Survey delivered another upside surprise. The economy added more than 53,000 jobs, marking the third straight month of stronger-than-expected gains. In total, employment has grown by 180,000 positions since September, the strongest three-month period in roughly a year. At first glance, the numbers paint a picture of an economy gaining momentum. […]

As a homeowner in Canada, you’ll eventually face a key moment where you need to renew and/or refinance your mortgage, but not every situation calls for the same solution. Two of the most common options are mortgage renewal and mortgage refinancing. While they sound similar, they serve very different purposes and can have a huge […]