Canada's unemployment rate edged up to 6.7% in October as more people looked for work and employment fell modestly, pointing ...

A guide to what’s new, what builds on earlier announcements and when the measures could take effect. Thursday’s federal budget outlines changes affecting Canada’s housing and mortgage markets, ...

Prime Minister Mark Carney’s government is earmarking tens of billions of dollars to reduce homelessness and expand the ...

Ottawa is proposing new regulations that would see the Bank of Canada publish more information on insured mortgage rates. The ...

Private mortgage insurers will be able to insure loans on residential properties with five to 50 units for applications ...

Canada’s finance minister unveiled proposed changes to the ownership rules for banks, seeking to make it easier for mid-sized ...

Ottawa is proposing to raise the home-price cap for optional mortgage default insurance from $1 million to $1.5 million. The ...

Ottawa first announced consultations on an income verification tool in Budget 2024. Later that year, it pledged to make a ...

What is the prime rate? The prime rate is the interest rate that commercial banks charge their most creditworthy customers, typically large corporations. In Canada, the prime rate is closely tied to ...

A glut of empty condos in British Columbia should not be seen as evidence that the market is working, said a housing expert ...

The home on Windsor Street in East Vancouver has admittedly seen better days. Its yard is overgrown, the weathered shingles ...

Canadian Mortgages Inc. (CMI) has introduced a flat application fee for Ontario mortgage files that covers legal fees regardless of file complexity, CEO Bryan ...