Canada easing mortgage terms for first-time new homebuyers

Changes set to take effect Aug. 1 are part of an ambitious plan to boost housing construction by 2 million and help renters save up for a down payment. Continue reading

Want to buy a home in Canada? You’ll likely have to be Canadian

As of Jan. 1, homes in Canada can only be purchased by the nation’s citizens and a few other groups after a new law went into effect. The step’s a campaign promise of Prime Minister Justin Trudeau. Continue reading

Canada’s Trudeau proposes ban on foreign homebuyers

The proposal comes about a month before Canada’s next election and as the country continues to deal with the fallout of the coronavirus pandemic. Continue reading