Legacy Investment Trust

Legacy News

Legacy Investment Trust News & Events

For general inquiries or additional information about the items listed below, contact the Trust administration team here or by calling 403-359-8606.

Industry News

Legacy Investment Trust News

For general inquiries or additional information about the items listed below, contact the Trust administration team here or by calling 403-359-8606.

October 25, 2023 – Releasing Our Fourth Episode: Building Our Legacy – Investing In Western Canadas Real Estate Market

March 31, 2023 – Legacy T3 Tax Slip Information

Industry Articles

Flashback Toronto Mortgage Rates – 1981 “The bank rate went down today, but once again the drop was marginal. The new rate is 17.08%.”

April 26, 2024 – Why the smart money is buying single-family homes

April 25, 2024 – Why Canadian mortgage rates may be stealthily heading higher

April 25, 2024 – Calgary’s homes market expected to see strong price growth

April 25, 2024 – Forget rate relief Most Canadians with mortgages are about to see their interest payments soar

April 11, 2024 – Rent control ‘loopholes’ have seen Ontario rents rise three times higher than guidelines, report finds

April 11, 2024 – Canada needs to build 1.3M additional homes by 2030 to close housing gap, says PBO

April 11, 2024 – Freeland announces housing affordability measures for first-time buyers, current owners

April 10, 2024 – The real reason the Bank of Canada wants to hold off cutting rates as long as it can

April 8, 2024 – Canada’s housing crisis poised to worsen without major reforms, RBC report says

April 8, 2024 – ‘Extremely stressful for Canadians’ Housing affordability unlikely to improve anytime soon, RBC says

April 4, 2024 – Apartment rents are so high in Calgary, they’re approaching Toronto numbers CMHC

April 4, 2024 – Ottawa launches $1.5-billion fund to protect existing rental apartments

April 3, 2024 – Vancouver is in a ‘full-blown crisis’ for housing affordability Report

April 3, 2024 – For real estate preconstruction buyers, a hard truth

April 3, 2024 – Province’s rebate changes could mean higher costs, rents property managers group

April 3, 2024 – Relief could be coming as Canadians experience “the toughest time to afford a home” RBC

April 2, 2024 – Homebuyers facing ‘toughest time ever’ to buy a home economist

February 29, 2024 – Posthaste Sidelined homebuyers just waiting for the Bank of Canada to cut rates

February 28, 2024 – Lethbridge renters feeling ignored, facing safety issues with Avenue Living

February 28, 2024 – Affordability hack Half of Canadians consider alternative home buying methods

February 21, 2024 – Posthaste There’s one big factor keeping the Bank of Canada from cutting rates

February 20, 2024 – Posthaste Canada’s housing correction has likely run its course, say economists

February 15, 2024 – Rental rates in Edmonton, Canada skyrocket while vacancy rates dip

February 15, 2024 – New home construction in January was down 10% from December, says CMHC

February 14, 2024 – Rent hits another record high in January as average asking price reaches $2,196

February 8, 2024 – Posthaste Buyer’s remorse Homeowners in these cities are counting their losses

February 8, 2024 – Why are all your friends moving to Alberta New report has some ideas

February 7, 2024 – Is it cheaper to rent or buy a house with a monthly mortgage in Canada Prices analyzed in 26 markets

February 7, 2024 – Why the final stretch of the inflation fight is perilous

February 6, 2024 – Bank of Canada’s Tiff Macklem spells out limits of monetary policy, says interest rates won’t solve housing affordability

February 6, 2024 – Posthaste Sorry Canada, this kind of inflation is sticking around — and it’s huge

February 3, 2024 – Real estate receiverships on the rise in Canada as projects stall

February 1, 2024 – Interest rates – high or low – won’t solve housing problems, Macklem says

January 31, 2024 – ‘Incredibly stressful time’ Rents continue to rise in Greater Victoria, with low vacancy rates

January 31, 2024 – Rent prices soared in 2023 as Canada saw lowest vacancy rate on record

January 31, 2024 – Average rent for two-bedroom apartment hits nearly $1,700 as Calgary’s vacancy rate plummets

January 30, 2024 – LILLEY Chow’s budget means some renters are more equal than others

January 28, 2024 – The office apocalypse will see a wave of buildings demolished or converted to residential, New York City real estate exec says

January 26, 2024 – Posthaste The coming recession will be a tale of housing versus commodities

January 24, 2024 – ‘The BoC wants to pop the housing bubble’ How economists and markets are reacting to Wednesday’s rate decision

January 23, 2024 – Calgary home prices to rise 6.5% in a seller’s market CREB 2024 forecast

January 19, 2024 – Blackstone bids to acquire Tricon Residential in US$3.5B deal

January 18, 2024 – CIBC’s Benjamin Tal on interest rates, home prices and the No. 1 risk to the economy

January 18, 2024 – Calgary rent rose ‘astronomically’ over the past two years, and there’s no end in sight

January 16, 2024 – ‘Risk of a second wave increasing’ What the inflation numbers mean to the Bank of Canada

January 15, 2024 – Canada’s ‘coiled up’ housing market to see rebound year, with price gains into 2025, CREA predicts

January 15, 2024 – Mortgage holders say they can make higher payments as Canadians cut spending survey

January 12, 2024 – Ministers say feds working to stabilize immigration levels amid housing pressures

January 8, 2024 – Real estate prices have dropped in many Ontario markets since June. These are the communities with the biggest declines

January 5, 2024 – How bad will the coming recession be for Canada

January 3, 2024 – Calgary’s rising housing prices, low inventory likely to persist in 2024 CREB

January 3, 2024 – Six BoC rate cuts, lower home prices, sticky wage growth What TD’s chief economist sees for 2024

November 30, 2023 – Big banks announce layoffs and more bad loans as TD, Royal and CIBC post quarterly results

November 28, 2023 –Scotiabank expects credit losses to worsen with over $200B in mortgages coming up for renewal by 2026

November 23, 2023 – 3 tax changes in the fiscal update you may have missed

November 23, 2023 – Higher interest rates have investors rethinking REITs’ role as a portfolio staple

November 22, 2023 – Posthaste Here’s what it will take for the Bank of Canada to cut rates — and when it might happen

November, 21, 2023 – Canada’s inflation rate slowed to 3.1% in October, but rents surge

November, 21, 2023 – Six highlights from the fall economic statement as Canadians struggle with affordability issues

November , 21, 2023 – Fall Cooldown 

The annual inflation rate cooled largely as expected to 3.1% last month—down from 3.8% in September

November 16, 2023 – As millions of mortgages approach renewal, what will Canada’s real estate market look like

November 15, 2023 – Housing market has gone into ‘hibernation’ CREA says, with lower sales, listings and flat prices

November 13, 2023 – Average Canadian rent price hits new high for sixth consecutive month report

November 8, 2023 – ‘This is a huge blow’ Toronto’s empty office space crisis worsens as WeWork teeters on bankruptcy

November 6, 2023 – Epiphany Legacy Investment Mutual Fund Trust Q3 2023 Distribution

November 2, 2023 – Toronto Real Estate Prices Drop Over $20k As Listings Surge 38% Higher

November 2, 2023 – New listings up, sales down as high interest rates freeze out first-time homebuyers, say new TRREB numbers

November 1, 2023 – Upcoming mortgage renewals part of why Bank of Canada held rate at 5% 

October 30, 2023- Trudeau’s bashing of real estate investors shows lack of understanding about housing

October 27, 2023 – Bank of Canada hold means ‘suffocating’ mortgage payments to stick around

October 26, 2023 – Bank of Canada expected a steeper home price decline. Why it could still come

October 25, 2023 – 3% by the end of 2024. What economists say about Bank of Canada’s latest rate decision

October 25, 2023 – The Owl – Holding the line: A “hawkish” rate pause and growth downgrade

October 24, 2023 – Posthaste: Canadians finding mortgage payments ‘very difficult’ have doubled since March

October 23, 2023 – More Canadians struggling with monthly mortgage payment Angus Reid survey

October 17, 2023 – I started with $224K in December 2021, and now have just $195K.

October 17, 2023 – Homeowners on the brink face tough choice of selling home as mortgage payments climb

October 17, 2023 – Canadian government ‘actively examining’ options to crack down on short-term rentals Freeland

October 14, 2023 – An infinite mortgage? Not so fast says federal regulator

October 14, 2023 – Rental rage Canada’s average rent rates spike to nine-month high

October 14, 2023 – Average rent went up another 11% in past year

October 13, 2023 – Canadian home sales slumped again in September — and benchmark price went down, too

October 12, 2023 – Canada’s gap between homebuilding and population growth has never been wider

October 12, 2023 – Private sector won’t do it so governments have to build housing – CCPA

October 12, 2023 – I always planned to retire at 65 – until I started thinking differently

October 12, 2023 – Fraser Institute News Release Housing completions not keeping pace with population

October 11, 2023 – Toronto’s condo king on why now is the best time to invest in real estate

October 8, 2023 – How interest rates will drive Canada’s housing market in coming months

October 5, 2023 – A 47-year mortgage? They’re out there — and even longer ones could be coming

October 5, 2023 – Ottawa sees fewest housing starts in more than 25 years, CMHC 

October 4, 2023 – September surge in real estate listings forces Toronto sales

October 4, 2023 – Canada is building fewer homes today than during the 2020 lockdowns

October 3, 2023 – Bank of Canada warns of inflation ‘feedback loop’

October 3, 2023 – Posthaste: Condo sales are falling across Canada – except in these two markets

October 2, 2023 – Top headlines: Canadian home prices are too rich for higher interest rates, Paul Beadry says

October 1, 2023 – How expensive has Toronto housing become? Take a look at today’s reality compared to the boomer buyers of 1990

May 30, 2023 – Real estate investors are retreating from the housing market at a record pace

May 30, 2023 – Why fixed-income investments are the better option than equities in this new financial era

May 30, 2023 – Posthaste More than half of Toronto new condo investors are losing money for the first time

May 30, 2023 – Renters might soon feel the pain as their landlords post losses. Here’s why

May 29, 2023 – Posthaste: These Canadian regions are headed for ‘city-cessions’ — a sign Canada may not be far behind

May 26, 2023 – RBC profit falls 14%, misses forecasts as banks set aside more money for bad loans

May 26, 2023 – Cold Lake is about to boom: Why that matters to millions of Canadians ahead of Alberta’s voting day

May 25, 2023 – Canadian Mortgage Delinquencies Begin To Climb, A Lot More Are Brewing

May 25, 2023 – Delinquency rates for credit cards and car loans are on the rise

May 25, 2023 – One in four Canadians plans to buy investment property in next five years – Royal LePage survey

May 25, 2023 – Time for the wrecking ball – Report warns Toronto’s glut of empty office towers could last at least two more decades

May 23, 2023 – Canada’s household debt is highest in the G7 and bigger than our GDP

May 23, 2023 – Households now owe more than Canada’s entire GDP, housing agency warns

May 18, 2023 – Bank of Canada is more worried than usual about debt loads

May 17, 2023 – Real estate prices on the rise again- RBC report forecasts the housing market corrction is over

May 16, 2023 – Rents up 9.6 per cent over 2022, average asking price now $2,002 in Canada

May 12, 2023 – Rental demand in Canada continues to outpace supply, rent in many cities soars year-over-year

May 9, 2023 – Bank warns mortgage delinquencies could rise by more than one third as homeowners struggle to make payments

May 8, 2023 – Posthaste – Looks like Canada’s housing market has finally turned the corner

May 4, 2023 – Canadians Are Falling Behind On Debt, Mortgage Issues Brewing

May 3, 2023 – Posthaste: Homeowners buckling under high interest rates as mortgage rates balloon