Trump fires Election Assistance Commission members ahead of midterms
Trump fires Election Assistance Commission members ahead of midterms
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EPS Scheme 2026 vs EPS 1995: What changes for employees under new pension framework?
The Employees’ Pension Scheme (EPS) 2026 has replaced the Employees’ Pension Scheme (EPS) 1995, aligning the pension framework with the Code on Social Security, 2020. The new scheme came into effect on 29 June. While the core objective of providing pension benefits to employees remains unchanged, the new scheme introduces several administrative and structural improvements,…
HPD Proposes 421a Rule Change
This story gives you a peek at the content coming to our new platform, TRD Policy Pro. Sign up to get early access here. Hi, let’s get into today’s news at the intersection of policy and real estate: HPD is tweaking a 421a rule, giving developers with noncompliant affordability plans a chance to switch paths…
Alternative lenders warn against one-size-fits-all non-bank regulation
As regulators increase their scrutiny of non-bank lenders, Canada’s alternative lenders are looking to ensure borrowers, brokers and especially regulators understand their distinction from private lenders. Dan Nguyen, Executive Director, CAMLA The Canadian Alternative Mortgage Lenders Association (CAMLA) laid out those differences in a recently published position paper intended to clear any confusion. “Our alternative…
Montreal-area home sales down 8% in June as listings continue to rise: board
The Quebec Professional Association of Real Estate Brokers says 4,012 residential properties changed hands throughout the month in the Montreal census metropolitan area, down from 4,371 in June 2025. Home prices were up year-over-year across all categories for the month, led by a 5.9% increase in the median price of a plex to $880,000. The…
Mortgage vendor sues former exec for poaching lender clients
A mortgage vendor is suing one of its former executives for starting a competing company while employed and soliciting some of its bigger-name customers. Processing Content New Jersey-based Flatworld Mortgage Solutions sued Rajeev Kumar last week in a federal court, accusing its former executive vice president of breaching various employment agreements. Kumar, who claims he…
Buy now or wait? Canadians see no easy answer in housing market
Most Canadians say there is no perfect time to buy a home, according to a new RBC poll that points to the uncertainty still hanging over the housing market despite some improvement in affordability. The survey found that 64% of Canadians agree “you can never really know when the right time is to buy a…
