4+ hour, 23+ min 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…...

1+ day, 7+ hour 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+ day, 11+ hour ago   (131+ words) Bank of Canada Research Warns Rate Cuts Can Worsen Housing Affordability Canada’s “Record” Housing Correction? Prices Near Highs In Most Provinces Canadians Turn To Consumer Credit As Mortgage Debt Slows Canadian Home Prices Just Made The Sharpest Monthly Drop This…...

6+ day, 8+ hour ago   (321+ words) The Great Canadian Real Estate correction hasn’t actually corrected much in most of the country. Canadian Real Estate Association (CREA) data shows national prices fell in July, a trend that extended to most provinces. Even with most provinces seeing lower…...

1+ week, 10+ hour ago   (229+ words) The great Canadian borrowing binge continues, but it’s not for mortgages. At least, not entirely. Statistics Canada (StatCan) data shows household debt grew in June, but not as fast as usual. Mortgage credit is weighing down growth as it decelerates…...

1+ week, 6+ day ago   (489+ words) Canadian insolvency filings have been surging, but it doesn’t really matter. That was the take from BMO Capital Markets, which dismissed the issue due to population growth. In a note to investors, the bank explained the per capita trend remains…...

2+ week, 1+ day ago   (347+ words) The median worker in Canada earned $46,300 in 2024, unchanged in real terms from a year before. Hopefully those inflation numbers are right, eh? While the median worker didn’t see their income erode over this period, age made a big difference. There…...

2+ week, 6+ day ago   (376+ words) Greater Toronto home prices wiped out gains made in the first five months of 2026 in a matter of weeks. Toronto Regional Real Estate Board (TRREB) July data shows prices fell to their lowest point in over five years. Both home…...

3+ week, 8+ hour ago   (155+ words) The number of active businesses operating across the Toronto CMA. The number of April business openings across the Toronto CMA. The eroding business landscape in Toronto definitely isn’t due to a lack of effort. The region’s entrepreneurs started 10,870 businesses in…...

3+ week, 5+ day ago   (526+ words) Even more households are falling behind on their supersized mortgage payments. Canadian Bankers Association (CBA) data shows the mortgage arrears rate climbed in May. Mortgages at least 90 days past due have more than doubled since 2022, pushing the rate just shy…...