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OPINION New to Canada? Here's your guide to purchasing or renting your first home

Navigating Canada's real estate market can be daunting for new immigrants, especially amid an affordable housing crisis. Personal finance columnist Christopher Liew outlines the documentation newcomers will need to rent or purchase a home in Canada, and some key expenses to budget for.

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Interest Rates

With inflation 'going the wrong way,' are more interest rate hikes possible?

For the second consecutive month, Canada's inflation rate has risen. One economist is warning that this spike in inflation could mean more rate hikes are ahead.


FILE - According to new data, Ontario’s rental market watchdog doesn’t often fine landlords for evicting tenants illegally — and when it does, most fines are under $2000. A for rent sign outside a home in Toronto on Tuesday July 12, 2022. THE CANADIAN PRESS/Cole Burston

BoC watching its words to avoid spurring rate cut speculation

The Bank of Canada was watching its words at its last interest rate announcement, in fear of spurring speculation that rate cuts are coming any time soon.

The Bank of Canada building is shown in Ottawa on Wednesday, September 6, 2023. (THE CANADIAN PRESS/Adrian Wyld)



WATCH Canada on 'the razor's edge' of a recession, warns economist

After the Bank of Canada held its key interest rate at five per cent, an economist says that inflation will be the key factor in determining whether more rate hikes are coming, and warns that a recession is a real possibility.

Housing market

Which cities are seeing the highest price per square foot?

While the latest interest rate hikes might be helping to cool real estate activity in Canada, several smaller markets are seeing an annual increase in the average price per square foot of a home, a new survey shows.

(Niche Media Inc. / Allan Asplin, Judy Lindsay Team Realty)

As most markets see monthly gains, here's where home prices are falling

While average home prices in most real estate markets have been rising since January, some cities are seeing costs drop, according to data from the Canadian Real Estate Association. 


(Peter Yu, Pixels Alive / Maryrose Coleman and Emiline Layfield, Sotheby’s International Realty Canada)

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