Legacy News

August 31, 2023 – Varcoe: Population boom driving Alberta economy, even as provincial energy revenues dip

August 29, 2023 – Canada’s landlords now asking a record-breaking average of $2,078 per month

August 28, 2023 – More Canadian homeowners extend mortgage amortization periods

August 28, 2023 – Apartment REITs see higher revenues amid tight rental market. Will this spur new supply?

August 15, 2023 – Why inflation’s latest jump is bad news for the Bank of Canada

August 11, 2023 – Calgary rents increasing faster than anywhere else in Canada

August 9, 2023 – Posthaste: Housing market faces bumpy road amid high interest rates, RBC says

August 9, 2023 – Hundreds of thousands moving to Calgary, making city unaffordable

August 2, 2023 – Want to buy a house in Calgary? You’re not alone. Why the city’s booming despite high interest rates.

July 25, 2023 – Here is how much money you need to retire

July 15, 2023 – ‘When renting makes sense:’ Durham’s real estate columnist to longtime homeowners

July 14, 2023 – These are the five economic scenarios we may be facing — and they’re not as scary as you think

July 14, 2023 – Fidelity to join forces with Brookfield to launch private real estate investment funds

July 13, 2023 – Veteran Real Estate Investor: Don’t Worry About Interest Rate Hikes

July 10, 2023 – Bank of Canada expected to raise interest rate in the face of mixed signals

July 9, 2023 – Suburban housing’s pandemic gains affected more than just home prices in the cities

July 5, 2023 – Canada Adds Guidelines for Banks to Prevent Mortgage Defaults

July 4, 2023 – Downtown commercial vacancy rates continue to rise in Edmonton

July 3, 2023 – Stop bashing housing investors. Canada desperately needs them

June 27, 2023 – Inflation Slows in Canada, But Not Enough to Take Hike Off Table

June 27, 2023 – Lenders now seeing 60, 70, even 90-year mortgages as Canadians struggle with rocketing interest rates

June 20, 2023 – There’s a real crushing effect – Number of renters in Ontario rising alongside costs, housing index says

June 14, 2023 – Private real estate investor Hazelview sees surge in requests to cash out of $1.2-billion Four Quadrant fund – The Globe and Mail

June 12, 2023 – Posthaste Why the Bank of Canada will likely raise interest rates again — and maybe again

June 6, 2023 – Why the biggest landlord in Canada’s North has seen its stock price tank even as rents go up

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

March 28, 2023 – Surplus or deficit – Here’s how the provinces stack up financially after budget season

March 23, 2023 – The Owl – Alberta remains migration magnet

March 22, 2023 – With economy on the rise, Alberta leads country in interprovincial migration

March 15, 2023 – Rent prices in Lethbridge increase 20.5 per cent compared to last year

March 15, 2023 – Ontario’s young adults are leaving the province in droves. The soaring cost of living is to blame

March 15, 2023 – Canadian home sales drop 40 per cent in February compared with year ago

March 9, 2023 – And now we wait – Quarterly Alberta economic outlook

March 8, 2023 – Pause button pressed – Policy interest rate stays at 4.5%

March 2, 2023 – Canadian Real Estate Affordability Got Worse With Higher Rates, What Gives?

January 31, 2023 – Alberta poised to outperform Canadian housing market in 2023 as population swells

January 26, 2023 – There are fewer apartments available to rent in Canada than at any time since 2001

January 26, 2023 – Rental vacancy at lowest levels since 2014

January 20, 2023 – Lethbridge 1-bedroom apartment rent up 17.5% year over-year
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January 13, 2023 –With low supply and high demand, Calgary home prices are trending up

January 12, 2023 – More people are moving to Calgary area than anywhere else on Prairies

January 3, 2023 – Canada sets immigration record in 2022 with 430,000 new permanent residents

January 2, 2023 – If you thought 2022 was bad, wait until you see what 2023 has in store for the economy

November 25, 2022 – Average rent in Canada up 15.4 % in 2022

November 18, 2022 – TFSAs to the rescue How to use the higher 2023 limit to play both offense and defense in your finances

November 16, 2022 –Rent is going up at a breathtaking pace, with no relife in sight-Here’s Why. 

November 13, 2022 –  Average Metro Vancouver rental price breaks $2,300 for one-bedroom apartment

November 12, 2022 – CBC The Bank of Canada is warning Canadians to brace for a rough winter

November 8, 2022 – Anxiety spikes over housing amid Canada’s plan to welcome 1.5M new citizens by 2027