No sign of a crash, Immigration policy in focus, Vancouver sales outlook, RECO updates, More Great Chef 06.09 View in browser Canadian banking giants aren't panicking about the mortgage market View web version | Forward to a colleague 05 September 2025 Top News Canadian banking giants aren't panicking about the mortgage market The Big Six's Q3 results indicate a generally healthy borrower base and client profiles – and a sharp further market downturn appears unlikely Immigration policy in the spotlight once again as housing markets ponder impact of cuts Proponents say lower immigration will help ease Canada's housing supply crisis, while others see it as a driver of Toronto's condo woes Premium Self-employed borrowers finally get fair play As Canadians turn to self-employment, lenders need to rethink how to assess borrowers' financial profiles More News Vancouver home sales edge up as Fraser Valley market slows Sales improved in one of Canada's traditionally hot markets, but activity remains well below historical averages Ontario realtors intensify push for independent oversight of RECO OREA and major boards urge Ontario to act on regulator reform Regulator says top lenders are well positioned to weather market struggles Still, OSFI is closely monitoring commercial market risk: 'I'd be disingenuous if I said we weren't concerned' Reform or axe temporary foreign worker program, says BC's Eby Premier speaks out after Poilievre also called for scheme to go Income of over $78,000 required to afford rent in Toronto, Vancouver: report New study suggests that threshold is beyond what many renters actually earn International News Sluggish jobs growth strengthens case for Fed cut this month A central bank cut is still on the table Angela Rayner quits amid property tax scandal Labour loses deputy leader and housing secretary Labor reportedly mulling backflip on controversial super tax Anti-aspirational messaging could kill proposed $3 million tax threshold Affordability improves as market flatlining continues – BNZ Properties are now 17% more affordable than their December 2021 peak, though a third of mortgage holders missed out on earlier rate cuts 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+
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