FSRA focuses on MICs, Mortgage debt surges, Job vacancies soar, GTA rent increasing, BoC, More

FSRA places focus on brokers involved with MICs

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26 August 2022

Top news FSRA places focus on brokers involved with MICs The regulator has highlighted a potential conflict of interest for brokers involved on both sides of a transaction Canada's outstanding mortgage debt now exceeds $1.6 trillion However, growth is decelerating at a noticeable clip, observers say What are the trends to watch out for in mortgage lending this year? Two experts offer their insights Mounting job vacancies strengthen case for further BoC hikes Tight labour conditions are continuing GTA rental market sees a July surge Accelerated demand was prominent in downtown Toronto, new report says Over 1 million vacant positions remain in labour market: StatCan Vacancies reached an all-time high in June, agency reports Bank of Canada announces shift in governance structure The central bank's policy making council will benefit from a diversity of voices and perspectives, governor says Are non-disclosure agreements on their way out? 'There's a culture of employers asking for these types of NDAs in virtually all claims' International news Steep drop in activity, report shows Mortgage lending in slump as homebuying "simply unaffordable" House prices continue to rise – Zoopla But demand for new homes begins to wane… Housing supply outstrips demand 41,000 homes built is the most in 31 years Why are customer-owned bank clients satisfied? Three factors at play, peak body says

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