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We help self employed, new to Canada, people with low credit scores get into the homes that they deserve

10/16/2026

With Canada's ban on non-residential foreign homebuyers expiring in January, it's time for the federal government to shelve the program and open the housing market back up to buyers from outside the country.
The president of RE/MAX sees it as a hindrance to home construction and a drag on an already failing housing market.
Hopefully the government has learned a lesson that natural market forces have been more beneficial than any government policy because there's always been unintended consequences.
The market is evolving, we have to look at all options, considering where the market is going, what has happened over the last few years, we want to ensure that we have a higher stock of housing opportunities for Canadians.
When the ban was proposed by Trudeau during the 2021 election, the pace of homebuying activity was hot,spurred by record low interest rates during COVID.

10/15/2026

The popularity of reverse mortgages has soared in recent years.
Once viewed as a niche product, its uptake is increasing as a way for older homeowners to tap into home equity while remaining in place.
It's becoming a real solution and can be attributed in part to changing demographics across Canada.
There's a very large cohort of Canadians aged 55 or over, that's only set to increase in the coming decades.
Financial pressures bearing down on many Canadians are playing a role.
One of the main reasons homeowners are turning to reverse mortgages is navigating the affordability challenges facing the next generation.
The Bank of Mom and Dad has become a prominent force in the mortgage market during the past 20 years, mainly because of the hurdles faced by younger homeowners in the face of rising home prices and down-payment requirements.

10/13/2026

Canada is still facing a housing affordability crisis despite a market cool down, and prices need to continue falling to give first time buyers a fair shot at homeownership.
The continued inability of many working Canadians to qualify for a mortgage is a real structural problem. The major factor in what's happening is the unaffordability of housing.
Wages have risen only modestly compared with a massive surge in average home prices, meaning it's become increasingly difficult for buyers.
The average Canadian home price sat at roughly 3.5 to 4 times average household income, a level regarded as a marker of a sustainable market. But that average ballooned to 12 times the average income at the peak of Covid, and even in s cooler market has only slipped to nine times.

10/10/2026

Canada's labour market suffered its deepest monthly setback of 2026 in September, shedding 68,300 jobs.
The unemployment rate climbed to 6.5%,back to where it stood at the start of the year. We have now lost a net 41,200 positions in 2026.
Educational services shed 35,000 positions and health care and social assistance fell by 23,000,together accounting for 58,400 of September's losses.
Slower international student arrivals contributed to the decline. Job losses were almost evenly split between full time and part time workers.
The manufacturing sector, which carries partial exposure to American trade duties, declined by 12,700 roles.
This is going to pour some cold water on near term rate hike expectations for the BoC.

10/08/2026

Canada's five year Government of Canada bond yield has climbed to 3.7%. That's more than 3 times the sub-1% levels that prevailed when millions of Canadians took out 5 year fixed mortgages in 2020 and 2021.
Those mortgages are now coming due with higher payments ahead for renewing households across the country.
The yield surge has come alongside an even sharper rise in US bond yields, as markets price in higher Inflation and ongoing uncertainty. Because Canadian and US bond markets are closely integrated, that pressure is tightening financial conditions even without a Bank of Canada rate move, the rate has held at 2.25% since October 2025.
The 10 year GoC rose to 3.99% from 3.45% in July, while the 2 year climbed from 2.76% tp 3.37%.
A primary driver was the Iran war's effect on energy costs, which pushed inflation to 3% in August, stoking rate hike expectations and drawing us into the global bond selloff.

10/06/2026

Climbing bond yields and geopolitical uncertainty are clouding the picture for Canada's housing market, threatening to push a recovery even further down the line as potential buyers grapple with rising interest rates and doubts about the economy.
Global bond market confidence has wobbled recently as rising oil prices from the US Iran war put upward pressure on inflation.
Canada wasn't in a good position even before the trade war escalated.
With the Ukraine war we have many challenges on the energy front and that's pushing up inflation and making interest rates more difficult to forecast.
The tariffs from the US are concentrated on a few products. It's not the whole swathe of Canadian exports. That raises concern in eastern Canada and Ontario and Quebec.
The Federal Reserve raised its benchmark rate last month for the first time in 3 years, and market expectations of a Bank of Canada rate hike have surged recently, sending bond yields and fixed mortgage rates higher.

10/05/2026

Senators are flying all over the world on our dime
These unelected senators blew more than $1.8 million visiting France, Japan, Brazil,Romania, Ireland, Chile, Bahrain, Switzerland and Dominican Republic.
A delegation that spent $65k included Senators Salma Ataullahjan and Mobina Jaffer.
They spent $1171 on lunch for 10 people in the Dominican Republic
You don't get to vote for senators. They are never elected. Senators in Canada represent nobody.
The Senate costs taxpayers more than $140 million this year and it cost us more than $1 billion in the last decade.

09/30/2026

Private lending has occupied a specific corner of the mortgage market for years,representing the option of last resort for borrowers after the Big Six banks said no.
Canada's lending giants are taking a more conservative approach recently and that along with affordability challenges and the rise of non-traditional forms of income and employment has spurred a big change in private lending.
Self employed borrowers, investors managing multiple properties, entrepreneurs with complex income structures, and Canadians navigating divorce, CRA debt,or bankruptcy are landing in alternative lending. That's not because of a damaged credit history, but because of how banks define qualifying income.
Banks have very specific ways of looking at income.
Canadian mortgage debt is continuing to swell and that signals continued growth for private lending. There are millions of Canadians that do not fit the prime Big Six credit box on s full time basis.

09/28/2026

Canada's trade conflict with the US is widening a split in the national rental market, with communities most exposed to US tariffs recording steeper rent declines than their counterparts.
Average asking rents fell 4.8% in August,the steepest annual drop since March and the 23rd consecutive month of decline.
Prices are now 7% below 2024 levels and at their lowest point since 2022.
Calgary, Windsor, kitchener,Cambridge, Waterloo, Brantford, Guelph,Hamilton, Trois Rivieres,Lethbridge, Thunder Bay and Oshawa are the 10 cities most vulnerable to the trade conflict through their auto,steel, aluminum, energy and lumber sectors.
Oshawa registered the sharpest rent decline at 10.8%
The trade conflict is also squeezing construction economics.

09/23/2026

The Bank of Canada is navigating a difficult crossroads ahead of its October 28 rate decision.
Macklem laid out the competing forces facing policymakers. Energy prices tied to the Middle East conflict have kept our inflation above the Bank's 1 to 3% target range for 3 consecutive months, while the new US tariffs threaten to suppress growth and erode confidence.
Gasoline prices were 23% higher than a year earlier.
The 2 year Government of Canada bond yield rose more than 40 basis points over the past month as fixed income traders priced in rate increases.

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