A second surprise rate-cut this month from Canada’s central bank, has mortgage experts reluctant to predict what is in store for consumers, who are reeling from lost income in the COVID-19 pandemic. The Bank of Canada’s decision to lower…

TORONTO — Canada’s top lenders lowered their prime rates by 50 basis points on Friday, hours after the central bank unexpectedly cut its key interest rate to help the county weather the economic fallout of the coronavirus pandemic. Royal…

There will be no dividend payments to the Canadian government from the Canada Mortgage and Housing Corporation during the coronavirus crisis. CMHC usually makes regular and special dividend payments to Ottawa, ranging from a hundreds of thousands…

The Greater Toronto Area saw its strongest February since 2004 in terms of new single-family home sales, according to the Building Industry and Land Development Association. Citing data from Altus Group, BILD said that the region had 2,247…