Category Archives: Toronto Life

Canada’s Rich Haven’t Relied This Little On Work Since The 1980s

Canadians earned less last year—but not across the board. New taxfiler data from Statistics Canada [...]

Canada’s Low-Scrutiny Immigrant Mortgages Rebrand Risk As Inclusion

Canada’s recent real estate boom—and bust—was followed by an immigration surge charting a similar trajectory. [...]

This Week’s Top Stories: Canada Shifts Real Estate Risk To First-Time Buyers, & Mortgage Arrears Rise

Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canada Uses [...]

Canada’s Mortgage Arrears Are Now Growing Faster Than The ’90s

Canada’s banks aren’t worried about mortgage arrears—but should they be? The arrears rate climbed again [...]

Toronto Only Saw 53 New Condo Sales But Prices Climbed—Here’s Why

Toronto’s real estate downturn deepened last month, and new homes weren’t spared. Data from industry [...]

Bank of Canada Cuts Rates, Prioritizing Survival Over Inflation Control

The Bank of Canada (BoC) cut its overnight rate by 25 basis points to 2% [...]

Canada Uses US Bubble Scheme To Transfer Investor Risk To Home Buyers

Canadian real estate went from boom to bust—but the biggest risk lies ahead. Ontario is [...]

Canadian Private-Sector Business Count Falls To 2023 Low

Canada’s private-sector business environment is worse than headline data suggests. Statistics Canada (StatCan) data shows [...]

Canadian Immigration Didn’t Tank (Or Help) The Economy: CIBC

Canada’s economy was already unraveling before the immigration boom, according to CIBC Economics. A new [...]

This Week’s Top Stories: Canadian Real Estate’s Inflated Equity Problem, and Surging Gold 

Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian Mortgages [...]