Ottawa proposes Bank Act changes to widen banking competition
Budget 2026 targets the Big Six with new ownership thresholds and $250,000 deposit insurance

Budget 2026 targets the Big Six with new ownership thresholds and $250,000 deposit insurance

Forty percent report spending more overall than a year ago, more than double the 18 percent who are spending less. “The results point to mounting financial pressure for many households,” said Rebecca Oakes, vice-president of advanced analytics at Equifax Canada. The survey found that 29 percent of respondents are using credit and savings to manage everyday expenses, while…
The Treasury just sparked a bond-market rally. Here is why it may not last.
Fieldwork ran from April 27 to May 21. Statistics Canada maintains the only direct provincial comparison on this measure, a table on difficulty meeting financial needs by gender and province, last updated on January 14. The agency’s April 2026 study “Stretching the loonie” drew on 15 waves of the Canadian Social Survey collected between August 2021 and June 2025,…
Rightmove’s latest House Price Index shows asking prices fell by 2% this month, a sharper reduction than typically seen in August. The market remains active, but buyers have more choice and sellers are facing greater competition than they did a year ago. In a cooling market, delays don’t just affect timelines – they can…
Thousands of homes could be built closer to train, tram and underground stations under new planning rules designed to accelerate housing delivery in well-connected areas. The changes, announced by the government as part of an overhaul of the National Planning Policy Framework (NPPF), would introduce a default presumption in favour of housing developments within…
13th Floor Investments has sold a new housing community designated for residents 55 years and older in West Delray Beach, Fla., for $29.3 million, property records show. Robbins Property Associates purchased the 7.6-acre asset called Solera at Avalon Trails. The community features 74 single-story houses at 14800 Cumberland Drive, about a mile west of the…