Canadians deserting US, Recession warning, TD financials, Estate planning shortfalls, More

Don't expect a Canadian snowbird exodus from the US despite trade tensions View web version | Forward to a colleague 22 May 2025 Top News Don't expect a Canadian snowbird exodus from the US despite trade tensions Some second-home buyers may now choose to buy domestically – but could that prove a short-lived trend? Recession warning: 100k job cuts likely as housing slump worsens, says banking giant GDP forecast revised downward as confidence, employment, and home sales fall TD earnings take a hit in Q2 Bank continues to stockpile cash for bad loans – but beats analyst estimates for the quarter Half of Canadians unprepared for wealth transfer Many are missing a critical financial safeguard, study shows Homeownership gap widens in Canada, study finds SFU research links rising mortgage reliance to widening housing inequality Single-family rentals surge in big cities, outpacing apartment growth Toronto, Vancouver see dramatic rise in house renters, including one-person households Federal government reveals new Northern Canada home designs Designs for buildings featuring up to six suites have been unveiled International News Trump says he's seriously considering ending Fannie, Freddie conservatorship President indicates a decision on releasing the GSEs to public ownership is coming soon Inflation rises – Bank of England rate cuts in doubt What next for the mortgage market? Two more banks pass on RBA rate cut to customers Bendigo Bank and People First Bank join major lenders in cutting rates Major bank expects RBNZ to cut OCR as inflation risks return Westpac expects RBNZ rate cut as policy debate heats up Want to change how you receive these emails? You can manage your preferences or unsubscribe. © 2025 KM Business Information Canada Ltd. 317 Adelaide Street West, Toronto, ON Privacy | Conditions of Use | About us | Contact us

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