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Let's chat - How this affects mortgages: BMO agrees to pay $40M US settlement on SEC charges related to bond selling. Th...
01/14/2025

Let's chat - How this affects mortgages: BMO agrees to pay $40M US settlement on SEC charges related to bond selling. The U.S. Securities and Exchange Commission says BMO has agreed to pay more than $40 million US... https://t.co/MmXcuDkTQI http://ow.ly/wvnt105WLOP

Mortgage News: Canada's Immigration Exodus Kicks Off W/Record NPR Outflows. Canadian policymakers worried about temporar...
01/13/2025

Mortgage News: Canada's Immigration Exodus Kicks Off W/Record NPR Outflows. Canadian policymakers worried about temporary residents overstaying their visas can rest easy. Statistics Canada (Stat Can) data shows that non-permanent residents left the country in record volumes in Q3 2024. New limits announced in Q4 has elected officials publicly voicing concerns that these residents may overstay their visas. However, that concern seems overblown considering the […] http://ow.ly/SwgH105WJEV

Mortgage News: This Week's Top Stories: Canadian Mortgage Rates To Rise, & Toronto Job Market Amongst Worst In Canada. T...
01/12/2025

Mortgage News: This Week's Top Stories: Canadian Mortgage Rates To Rise, & Toronto Job Market Amongst Worst In Canada. Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canada’s Top Job Market Is Saskatoon, Toronto Ranks Near Worst: BMO Canada’s biggest city is its top destination for economic migrants, but it’s one of the worst places to actually find a job. BMO Capital Markets released its annual rank of the […] http://ow.ly/9evj105WBGs

Mortgage News: Canada’s Top Job Market Is Saskatoon, Toronto Ranks Near Worst: BMO. Toronto is out and Saskatoon is in—a...
01/10/2025

Mortgage News: Canada’s Top Job Market Is Saskatoon, Toronto Ranks Near Worst: BMO. Toronto is out and Saskatoon is in—at least for those looking for a robust job market. That’s the take from BMO’s latest labor market rankings of Canada’s 33 largest cities. The country added tens of thousands of jobs, but surging population growth means some cities did worse than others. Places like Toronto saw a sharp […] http://ow.ly/TuhK105WtI0

Mortgage News: Canadian Seniors More Likely To Have A Mortgage Than Young Adults. Canadian real estate in the 2020s is m...
01/10/2025

Mortgage News: Canadian Seniors More Likely To Have A Mortgage Than Young Adults. Canadian real estate in the 2020s is more for seniors than young adults, though it wasn’t always that way. Bank of Canada (BoC) 2024 mortgage data reveals that seniors are more likely to have a mortgage than those younger than 35 years old. Contrasting it with borrower age at origination reveals that those under 35 […] http://ow.ly/BzY6105WpZi

Let's chat - How this affects mortgages: Trudeau's tumultuous relationship with the Canadian oilpatch. In 2017, Prime Mi...
01/08/2025

Let's chat - How this affects mortgages: Trudeau's tumultuous relationship with the Canadian oilpatch. In 2017, Prime Minister Justin Trudeau received a standing ovation from a crowd of energy executives. Today,... https://t.co/1dGfzfbdww http://ow.ly/9jFr105WfHl

Mortgage News: Canada To Enforce Capital Gains Change, Hides Pandemic-Sized Deficit. Hoping Canadian Parliament’s prorog...
01/07/2025

Mortgage News: Canada To Enforce Capital Gains Change, Hides Pandemic-Sized Deficit. Hoping Canadian Parliament’s proroguing will provide relief from higher capital gains? Canada’s Department of Finance warns that isn’t the case, and new forms to pay the increased capital gains rate will arrive by month’s end. Parliament prorogued yesterday abandoning all unpassed legislation, that includes the changes to the capital gains inclusion rate. However, the tax […] http://ow.ly/8RfC105Waqr

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