RESCON: Land scarcity problem is strictly a myth
Ontario does not have a land scarcity problem. Rather, it has a serviced, approved and buildable land scarcity problem. Richard Lyall, Published Jun 12, 2026 American writer and humourist Mark Twain once said, “The trouble with the world is not that people know too little; it’s that they know so many things that just aren’t so.” That premise, it seems, can be applied to the thinking around land supply for housing. For years, a popular narrative has dominated Ontario’s housing debate: we are...
read moreWhat the latest tariff chaos could mean for the Canadian mortgage market
New US forced-labour duties target Canada and the implications for mortgage rates could be significant By Liezel Once, 03 Jun. 2026 A new round of proposed United States trade measures threatens to add fresh uncertainty to Canada’s mortgage market, with the Trump administration announcing plans to impose a 10% tariff on Canadian exports over allegations the country has not done enough to prohibit goods made with forced labour. The announcement, made by US Trade representative Jamieson...
read moreIs a technical recession enough to spur the Bank of Canada to cut interest rates?
Markets are still calling for a rate hike this year, but economists say the GDP miss makes a hold or cut more likely By Gigi Suhanic, Published May 29, 2026 Canada’s gross domestic product unexpectedly contracted for the second consecutive time to trigger talk of recession, but some economists don’t think the situation is as dire as the headline number suggests. The economy shrank 0.1 per cent annualized in the first quarter following a contraction of one per cent in the fourth quarter last...
read moreCanadian Mortgage Rates May Climb As Bond Yields Hit 2010 High
Stephen Punwasi, May 21, 2026 Canada’s central bank is seeing core inflation slow, but borrowing costs aren’t. BMO warns that long-term Government of Canada (GoC) bond yields have just hit their highest level since 2010. BMO points to oil prices as the bond market’s immediate concern. That may be the spark, but Canada’s persistent demand for debt is the bigger structural pressure. Canadian Long-Term Yields Surge To Highest Level Since 2010 Government bond yields serve as the benchmark rate,...
read moreCanadian Developers Set A Record For Completed & Unsold New Homes
Tiffany Greene, Data journalist, and contributing editor. May 15, 2026 Canadian real estate went from a speculative asset with global demand to a glut in just a few years. Canada Mortgage and Housing Corporation (CMHC) data shows completed and unabsorbed inventory rose in April. Builders are now sitting on the most completed and unsold new homes in the country’s history—and there’s a lot more supply in the pipeline. What Are Completed & Unabsorbed New Homes? Completed and unabsorbed homes...
read moreCanada Will Soon Spend 1 in 3 Dollars on Debt & Elderly Benefits
Stephen Punwasi, May 7, 2026 Canada’s debt problems are approaching the point of no return, likely cementing the end of the low-rate era. The Parliamentary Budget Officer (PBO) broke down federal spending and revenue for 2026-27. While critics focus on corporate welfare and loose spending, the real issue is much worse. The data reveals that over a quarter of revenue is already allocated to debt and elderly benefits. That amount is set to surge to over a third of all revenue by the end of the...
read moreNearly 1 In 19 Greater Toronto Rental Units Sit Vacant—More On The Way
Stephen Punwasi, May 1, 2026 Greater Toronto’s rental shortage is now a distant memory, but the rents have yet to adjust. Urbanation data reveals the Greater Toronto and Hamilton Area (GTHA) has seen a sharp uptick in rental vacancies in Q1 2026. The sticker price of rents hasn’t moved much, but incentives are growing as landlords position the slump as temporary. That may be wishful thinking with record supply still in the pipeline. Nearly 1 In 19 of Toronto’s Rental Apartments Sit Vacant ...
read moreWhat’s next for the Canadian housing market, according to our reporters
Carolyn Ireland, Shane DingmanReal Estate Reporter, Erica Alini, Personal economics reporter, Salmaan Farooqui, Published April 21, 2026, Updated April 23, 2026 On April 16, real estate reporters Carolyn Ireland and Shane Dingman and personal finance reporters Erica Alini and Salmaan Farooqui answered reader questions on the state of the real estate market in Canada. Tariffs, world events and other economic uncertainties have Canadians reluctant to make the move on buying or selling a home,...
read moreFirst Capital’s $9B portfolio to be divided between Choice Properties and KingSett
Written by The Canadian Press, By Ian Bickis, April 16, 2026 Choice Properties REIT and KingSett Capital have signed a deal worth more than $9 billion to buy First Capital REIT and split up the trust’s shopping centre-focused real estate portfolio. Choice Properties REIT and KingSett Capital have signed a deal worth more than $9 billion to buy First Capital REIT and split up the trust’s shopping centre-focused real estate portfolio. The cash-and-unit deal, valued at about $9.4 billion...
read moreMore than 84,000 Ontario houses — roughly the number in Markham — are owned by businesses and for-profits. StatsCan wants to find out more
Statistics Canada has launched a program researching what impact corporate ownership of single-family homes has on the market. By Victoria Gibson Affordable Housing Reporter, April 9, 2026 More than 84,300 houses across Ontario — around the number you’d find in a mid-sized city like Markham — were owned as investments by businesses or for-profit government entities such as public-sector pension funds in 2023, according to data from the Canadian Housing Statistics Program. This data, released...
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