If you are unable to make payments on your mortgage, for any reason, you are considered to be in arrears. The next stage, defaulting on a mortgage, can result in a power of sale or foreclosure. In Ontario, power of sale comprises the vast majority of legal actions taken. 

According to Jonathan Alphonso, a mortgage agent with Mortgage Broker Store, “Changes in life circumstances can lead homeowners...

Statistics Canada released its monthly numbers for investment in building construction, from January 2020 through to February 2024. 

Residential and Non-Residential Construction

The investment dollars in both residential and non-residential construction generally increased from January 2020. Starting at approximately $14.2 billion in January 2020, there were peaks around mid-2021 and mid-2022,...

A new proposed bill in Manitoba aims to establish more specific conditions for landlords wishing to increase rents beyond the annual, inflation-linked, provincial rent increase guideline. Landlords can currently apply to a residential tenancies director for a higher rent increase, for any reason, and present their case. The bill aims to add controls to this, to limit raising rents above inflation except...