CMHC Fall Market Update

CMHC Fall Market Update

Canada Mortgage and Housing Corporation (CMHC) has been helping Canadians meet their housing needs for more than 70 years. As Canada’s authority on housing, CMHC contributes to the stability of the housing market and financial system, provides support for Canadians in housing need, and offers unbiased housing research and advice to Canadian governments, consumers and the housing industry. Prudent risk management, strong corporate governance and transparency are cornerstones of our operations. CMHC recently released the Fall edition of the Housing Market Outlook. Here are the highlights: After the boost in residential construction for 2017, housing starts are projected to decline by 2019...

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What’s the deal with home capital group?

What’s the deal with home capital group?

You may have noticed some alarming headlines in the news recently surrounding HCG and the effect that their troubles may have on the Canadian banking system at large. But what is HCG? HCG is among Canada’s largest ‘alternative mortgage lenders’. They do other things...
Aggressive sales at the bank

Aggressive sales at the bank

For starters – check out what Rob Carrick has to say from the Globe & Mail about this.   Just because the banks are extending you credit it does not mean you qualify for it. It would be hard to miss the CBC exposure of the Bank employees complaints of...
The PMG Podcast

The PMG Podcast

DEBT SERVICING How much debt is okay? More importantly, how much should I spend each month on paying back my debts? The answer to that question is the key to a healthy financial life. If you spend all of your income on paying off debts, you might not save enough (or...
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