Good News for Canadians: OSFI’s Responsive Decision Eases Mortgage Regulations In a positive turn of events for Canadians in the housing market, the Office of the Superintendent of Financial Institutions (OSFI) has made a decision that reflects the concerns and feedback shared by industry stakeholders and consumers alike. This decision, announced after nine months of
In recent months, Canada’s economic landscape has experienced notable shifts that are raising concerns among households and businesses alike. This blog post explores the current economic situation, delving into declining consumer confidence, changing demographics, and their potential implications on interest rates and the housing market. Consumer Confidence Hits Lows: Consumer confidence in Canada has taken a
Inflation has become a prominent headline in recent times, and for good reason. In September, inflation in Canada eased slightly from 4% in August to 3.8%, as reported by Statistics Canada. While this dip might appear as a welcome change, it’s crucial to delve deeper into the broader implications of this softening rate environment and
Navigating British Columbia, Vancouver, and Calgary Real Estate in September 2023: Insights to Empower Your Decisions The real estate journey in British Columbia, Vancouver, and Calgary is an ever-evolving adventure, filled with data-driven insights, market trends, and valuable information. As we delve into the highlights of September 2023, join us on a tour of these