Topics: Canada News

The Canadian Mortgage 'Time Bomb' Uncovered | Brace Yourself

In recent times, Canada has witnessed a surge in mortgage loans with volatile interest rates, leading to concerns about a potential mortgage "time bomb."

In recent times, Canada has witnessed a surge in mortgage loans with volatile interest rates, leading to concerns about a potential mortgage "time bomb."

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Future of Canadian Offices: Why the Vacancy Rate May Peak in 2024

A new report by Colliers Canada suggests that the office vacancy rate in Canada could reach its peak of approximately 15 per cent by the end of 2024 due to the increasing popularity of hybrid work arrangements.

A new report by Colliers Canada suggests that the office vacancy rate in Canada could reach its peak of approximately 15 per cent by the end of 2024 due to the increasing popularity of hybrid work arrangements.

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Controlling personal finance and budgeting app

Housing Starts in Canada Slump by 10% in July, According to CMHC Report

In a recent report, the Canada Mortgage and Housing Corp. (CMHC) announced that the annual pace of housing starts in July experienced a decline of 10% compared to the previous month.

In a recent report, the Canada Mortgage and Housing Corp. (CMHC) announced that the annual pace of housing starts in July experienced a decline of 10% compared to the previous month.

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Rental Market Surge: Average Asking Prices in Canada Reach Unprecedented Heights

As the Canadian real estate market continues to face economic challenges and interest rate hikes, the average asking price for rental units in Canada soared to a new record in July, reaching $2,078.

As the Canadian real estate market continues to face economic challenges and interest rate hikes, the average asking price for rental units in Canada soared to a new record in July, reaching $2,078.

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Buy Land & Vacant Lots on Easy Monthly Payment Plans

RBC Reports: Canadians Embrace New First Home Savings Account in Large Numbers

The Royal Bank of Canada (RBC) recently announced a remarkable surge in popularity for its First Home Savings Account (FHSA) program.

The Royal Bank of Canada (RBC) recently announced a remarkable surge in popularity for its First Home Savings Account (FHSA) program.

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Breaking News: High Interest Rates Cause Unprecedented Tensions in the Canadian Real Estate Market!

The Bank of Canada's latest interest rate hike is expected to have a significant impact on renters and real estate investors across the country. With the recent increase in interest rates, borrowers are not the only ones affected. The ripple effect of this decision will be felt in various aspects of the  Canada housing market.

The Bank of Canada\'s latest interest rate hike is expected to have a significant impact on renters and real estate investors across the country. With the recent increase in interest rates, borrowers are not the only ones affected. The ripple effect of this decision will be felt in various aspects of the  Canada housing market.

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Buy Land & Vacant Lots on Easy Monthly Payment Plans

Canada announces New Immigration Priorities

Canada has recently announced its new immigration priorities, highlighting the country's policy of prioritizing skilled immigrant workers in areas where it lacks. The move comes as Canada looks to address labor shortages across various industries.

Canada has recently announced its new immigration priorities, highlighting the country\'s policy of prioritizing skilled immigrant workers in areas where it lacks. The move comes as Canada looks to address labor shortages across various industries.

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Real Estate Investing is becoming Popular in Canada

Investment property ownership in Canada is on the rise, with approximately 11% or 4.4 million Canadians owning investment properties, as per a survey conducted by real estate company Royal LePage.

Investment property ownership in Canada is on the rise, with approximately 11% or 4.4 million Canadians owning investment properties, as per a survey conducted by real estate company Royal LePage.

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Why is Canada’s Investment Attractiveness declined?

Canada has traditionally been seen as an attractive location for business investment, with a stable political climate, educated workforce and supportive government policies. However, a recent survey of 30 CEOs by Nanos Research has revealed that investment attractiveness has declined significantly with only 30% of CEOs rating Canada as a good place to invest right now, down from 25% five years ago.

Canada has traditionally been seen as an attractive location for business investment, with a stable political climate, educated workforce and supportive government policies. However, a recent survey of 30 CEOs by Nanos Research has revealed that investment attractiveness has declined significantly with only 30% of CEOs rating Canada as a good place to invest right now, down from 25% five years ago.

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Household Debt in Canada is The Highest among The G7 Countries

According to a recent analysis by the Canadian Mortgage and Housing Corporation (CMHC), Canada has the highest level of household debt among the world's top industrialized countries (G7), with mortgages accounting for about three-quarters of household debt.

According to a recent analysis by the Canadian Mortgage and Housing Corporation (CMHC), Canada has the highest level of household debt among the world\'s top industrialized countries (G7), with mortgages accounting for about three-quarters of household debt.

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Canadian Consumers Slow Down Spending as Interest Rates Rise

Canadian consumers are beginning to feel the pressure as higher interest rates slow down their spending habits.

Canadian consumers are beginning to feel the pressure as higher interest rates slow down their spending habits.

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Canada economy creates new 150,000 jobs in Jan

Canada’s job numbers increased by 150,000 in January 2023 and the unemployment rate remained stable at 5%, according to Statistics Canada on February 10.

Canada’s job numbers increased by 150,000 in January 2023 and the unemployment rate remained stable at 5%, according to Statistics Canada on February 10.

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