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New name in the cards for Canada Mortgage and Housing Corp.
The federal agency charged with overseeing most things related to housing in Canada is getting a new name, pending regulatory approval. The corporation’s CEO, Evan Siddall, told The Canadian Press last week the general perception of CMHC is that ...
OSFI gradually closing mortgage deferral program
When it was obvious COVID-19 would damage Canadian housing and financial markets, the Office of the Superintendent of Financial Institutions (OSFI) put into place special capital treatment for loan and insurance premium payment deferrals to be ...
Consumers have confidence in homeownership
Despite COVID, Canadians maintain a mostly positive attitude about homeownership, says Will Dunning, chief economist of Mortgage Professionals Canada and author of Rapidly Evolving Expectations in the Housing Market based on a survey ...
Too cold. Too hot. Just right.
It’s been a Triple-A/Goldilocks kind of housing market in Canada this year. April Ice cold. Sales plummet to near record lows as COVID-19 takes hold. “The dramatic plunge in activity in March and April turned out to be just a temporary ...
Get your yard ready for spring before the snow flies
With autumn arriving on Sept. 22, it’s time to get your yard ready for spring, says Kris Kiser, president and CEO of the Outdoor Power Equipment Institute (OPEI). “What you do now will determine the quality of your yard next spring,” says Kiser. ...
Renovate with paint and save big bucks
From tackling weekend DIY projects to transforming furniture you already own, there are many ways to make big changes on a small budget. Sharon Grech, Benjamin Moore colour and design expert, shares three tips for refreshing your home on a ...