To alleviate some of the hardships Torontonians are facing due to the spread of COVID-19, Mayor John Tory has announced a 60-day grace period for several City utility bills. Mayor Tory announced the 60-day grace period Friday morning, which…

Unlike the stock market, COVID-19 hasn't affected the Lower Mainland real estate market — at least, not in a negative way. A friend of mine just closed on an apartment for $500,000 where she had to deal with a bidding war and ended up paying…

Businesses all over the world are becoming increasingly concerned about the coronavirus’s impact on various markets as the death count and number of affected individuals mounts. Could the coronavirus adversely impact property markets in…

Beginning today, the Bank of Canada is lowering its target for the overnight rate by 50 basis points to 0.75%. The Bank Rate is correspondingly 1 percent and the deposit rate is 0.50 percent. The unscheduled rate decision is the second in…

The Canadian government has announced a further measure to mitigate the impact of the COVID-19 crisis and to help maintain stability in the financial system. It will launch a revised Insured Mortgage Purchase Program (IMPP) which will see…