5+ day, 13+ hour ago   (1040+ words) Huzzah! Canada’s banks can tap American investors for mortgage funding again. Earlier this year, the U.S. SEC quietly granted a no-action exemption for covered bonds, allowing Canadian lenders to market them to American investors without the loan-level disclosure required for…...

2+ week, 2+ day ago   (405+ words) Canada’s economy rebounded last quarter, but will it last? Statistics Canada’s (StatCan) Gross domestic product (GDP) data shows growth in June. That helped Q2 close out with much higher growth than anticipated, a sharp change from Q1. However, the bump was due…...

2+ week, 4+ day ago   (224+ words) The median income of first-time homebuyers vs all households in 2023. Most of Canada can’t afford a starter home, according to the agency’s data. The agency looked at 5 regions, 4 provinces and 1 territory, between 2021 and 2023. They found that first-time buyers earned between…...

2+ week, 5+ day ago   (699+ words) Canadian household debt is throwing out more concerning data points. Equifax data shows non-mortgage credit grew in Q2 2026—both balances and delinquencies. Ontario is leading the erosion, with missed payments rising at double the average. Meanwhile, New Brunswick is leading for…...

3+ week, 2+ day ago   (416+ words) A new independent staff study from Canada’s central bank aims to help clarify the impact of low rates on housing. Bank of Canada (BoC) researchers found that supply and demand both get a boost with rate cuts. Demand responds almost…...

3+ week, 6+ day ago   (301+ words) Rising prices are starting to push inflation to the boundary of the central bank’s comfort zone. Statistics Canada’s (StatCan) Consumer Price Index (CPI) shows growth accelerated in July. The upward pressure is primarily attributed to gas prices, but most components…...