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16th Apr 2025

Bank of Canada Pauses Rate Cuts Due to Tariff Uncertainty

The BoC is holding its key interest rate steady at 2.75%, citing uncertainty from U.S. trade policy shifts, which weakened consumption, residential investment, and business spending in Q1. Two scenarios are outlined: one with limited tariffs and stable inflation, and another with a prolonged trade war leading to recession and inflation exceeding 3%.

Read the full story by Bank of Canada.

10th Apr 2025

Rents Drop Year-Over-Year but Rebound in March

The latest Rentals.ca and Urbanation report reveals a 2.8% drop in average rents to $2,119. However, rents rose 1.5% MoM—the first increase since September 2024—driven by seasonal demand and improved affordability. Notable annual decreases were seen in Calgary (7.8%) and Toronto (6.9%). 3-bedroom units saw rent increases across all provinces.

Read the full report by Rentals.ca.

10th Apr 2025

Housing Crisis Takes the Spotlight in Election Agendas

Housing issues are pivotal in the upcoming election. Liberal leader Mark Carney's approach includes $36 billion in financing to boost home construction and reintroduces tax incentives like MURB. Meanwhile, Conservative leader Pierre Poilievre proposes eliminating GST on new homes and plans to tie housing to immigration policies.

Read the full story by Storeys.

10th Apr 2025

Weakened CAD Opens Doors for Commercial Investment

The Canadian dollar's depreciation, exacerbated by U.S. tariffs, has impacted consumers and businesses that source materials internationally. While seen negatively, the weakened loonie could attract foreign real estate investors and reduce costs for American businesses in Canada, influencing commercial real estate dynamics.

Read the full story by Storeys.

31st Mar 2025

PM Carney Unveils Plan to Build 500,000 Homes Annually

Mark Carney is proposing the creation of Build Canada Homes (BCH) to boost the supply of affordable homes. This federal entity will aim to double housing construction to 500,000 homes a year. BCH will provide $10 billion in low-cost financing to homebuilders, cut municipal fees, and eliminate GST on new homes under $1 million for first-time buyers.

Read the full story by Storeys.

22nd Mar 2025

Only 6 Hudson’s Bay Stores Will Be Left Standing in Canada

Hudson's Bay Company, North America's oldest retailer, is shutting nearly all 96 Canadian locations following Ontario Superior Court approval. Liquidation fire sales begin March 24, 2025, leaving just six Ontario and Quebec stores open temporarily. The company, facing $1.815 billion in debt, employs about 9,400 staff.

Read the full story by Daily Hive.

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Canadian Real Estate National News

15-Second Real Estate Updates.

Stay Informed

Latest Stories

Bank of Canada Pauses Rate Cuts Due to Tariff Uncertainty

Rents Drop Year-Over-Year but Rebound in March

Housing Crisis Takes the Spotlight in Election Agendas

Weakened CAD Opens Doors for Commercial Investment

PM Carney Unveils Plan to Build 500,000 Homes Annually

Only 6 Hudson’s Bay Stores Will Be Left Standing in Canada

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