Huge BoC decision nears, Housing starts slump, Toronto rents plunge, Carney budget announced, More Great Chef 05.46 View in browser Mortgage industry gears up for a huge Bank of Canada decision View web version | Forward to a colleague 17 September 2025 Top News Mortgage industry gears up for a huge Bank of Canada decision Is a cut on the way – and could it heat up the housing market? Brokers on Lenders 2025: The results are in Find out how the nation's top lenders are faring in the eyes of mortgage brokers across Canada Canadian housing starts drop 16% in August, CMHC reports Actual housing starts in centres with populations over 10,000 rose 10% year-over-year, reaching 18,408 units in August Toronto and Vancouver rents plunge as Canada's priciest and cheapest markets shift Toronto's one-bedroom rents fell 12% year-over-year, the largest drop among all Canadian cities Canadians boost savings but homeownership remains out of reach for many While 44% of Gen X and millennial respondents spend over 40% of their income on housing, only 35% of Gen Z do the same 'Substantial' deficit on the way in Carney's November budget Prime minister vows 'generational investment in future' amid continuing tariff turmoil BoC rate cut still in play despite inflation uptick Canada's inflation rose to 1.9% in August, but a rate cut remains likely International News Ministers risk outrage after increasing second home tax expense claims 'Beyond contempt': Higher expense claims draw criticism as homeowners face prospect of property tax hikes Former NASA manager and spouse plead guilty in Texas mortgage fraud case The couple took out substantial personal loans to fund their home purchase, then defaulted on those loans End in sight for inflation battle, says RBA chief economist Central bank expects cost-of-living pressures to ease for borrowers NZ CPI falls 0.5% in August Rising essentials remain, but one category changed the picture 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 Share this Share on FacebookTweet on TwitterPlus on Google+
EmoticonEmoticon