5/30/2024 | Posted in Government and Regulation by Sheru Asnani
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The Ontario government has introduced legislation that includes a new 10-day cooling-off period for purchases of new freehold homes.

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New legislation includes 10-day 'cooling-off' period for new home purchases

  5/22/2024 | Posted in Government and Regulation by Sheru Asnani
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Toronto and Ottawa recently raised the fees despite a warning from Fraser that it would cut them off from future funds

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Housing minister says he's trying to convince big cities not to hike development charges

  4/16/2024 | Posted in Government and Regulation by Sheru Asnani
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Housing was a key priority in today’s federal budget, though it came as no surprise given the array of housing-related policy announcements unveiled in recent weeks.

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Budget 2024 housing highlights: capital gains inclusion rate on secondary homes rises to 66.7%

  4/12/2024 | Posted in Government and Regulation by Sheru Asnani
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The federal government today confirmed plans to consult with the mortgage industry on developing income verification tools through the Canada Revenue Agency.

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Feds commit to exploring CRA income verification in budget 2024 to address mortgage fraud

  4/11/2024 | Posted in Government and Regulation by Sheru Asnani
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Some advocates are praising Ottawa’s move to lengthen the amortization period on insured mortgages for certain homebuyers, but say expanding the policy to all Canadians ... More

Ottawa to allow 30-year amortization for first-time buyers' mortgages on new homes

  4/2/2024 | Posted in Government and Regulation by Sheru Asnani
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Prime Minister Justin Trudeau is pressuring Canada’s provinces to remove barriers to building more housing, including requiring them to freeze municipal development ... More

Trudeau offers billions to boost homebuilding - with strings attached

  3/22/2024 | Posted in Government and Regulation by Sheru Asnani
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Canada’s banking regulator says it has no plans to remove the stress test on uninsured mortgages for borrowers who choose to switch lenders.

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OSFI rejects Competition Bureau recommendation to drop mortgage stress test for lender switches
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