Rental boom masks supply crisis, Insolvencies soar, CMI receives UK backing, More Great Chef 06.28 View in browser The headline numbers may not capture the full story View web version | Forward to a colleague 12 May 2026 Top News Rental boom masking a worsening crisis for Canadian homeownership, says industry CEO The headline numbers may not capture the full story, and one industry leader says the gap between what Canadians want and what's being built appears to be widening Canadian consumer insolvencies hit highest quarterly level since 2009 Debt-stressed Canadians are filing for insolvency at a rate not seen in 16 years UK asset giant backs CMI Financial Group Royal London Asset Management's senior financing facility with CMI signals renewed institutional confidence in Canada's residential lending market BC unit sales slip as economic headwinds suppress buyer demand April MLS data shows a second consecutive year-over-year dip in sales volume, with prices holding just above flat The brokers who will win the open-banking era are already doing what big banks can't New peer-reviewed research argues mortgage professionals who built their business on genuine client relationships hold a structural advantage Westbank's Joyce tower placed in receivership Court oversight, $274 million in debt, and a former executive's sworn claims paint a troubling portrait of a once-iconic developer International News April home sales inch forward as mortgage rates and Iran conflict weigh on market The monthly gain fell well short of forecasts, with affordability pressures and geopolitical turmoil keeping buyers cautious Gilt yields remain elevated as Starmer fails to calm bond markets Political instability and inflationary pressures continue to unsettle investors despite PM's address 'The wrong conversation': What the Budget narrative is ignoring As treasurer Jim Chalmers prepares to hand down next Tuesday's federal Budget, Skip's Mario Emmanuel thinks Australia is having precisely the wrong argument Green lending is HOT! As it reshapes borrower expectations — what does it mean for advisers? Borrowers are increasingly seeking energy-efficient homes and lower running costs, meaning advisers must continue to adapt to shifting lender requirements Want to change how you receive these emails?You can manage your preferences or unsubscribe.© 2026 KM Business Information Canada Ltd.317 Adelaide Street West, Toronto, ONPrivacy | Conditions of Use | About us | Contact us Share this Share on FacebookTweet on TwitterPlus on Google+
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