Category : Search result: mortgage affordability


Variable-Rate Mortgage Savings May Be Ending

Markets now predict only 33% chance of another Bank of Canada rate cut in 2026 as bond yields spike. Learn how this affects mortgage rates and home affordability.

Halifax mortgage costs exceed 50% of income

A Fraser Institute report reveals Halifax families now spend over half their after-tax income on mortgage payments for a typical home. Discover the housing affordability crisis details.

Feds Accused of Keeping Beef Prices High

An investigation reveals how Canada's federal government may be using an outdated beef import system to keep prices artificially high, raising serious affordability concerns for families.

Vancouver Housing Crisis Worsens Amid Approval Delays

Metro Vancouver's housing affordability crisis persists as lengthy approval processes and government fees hinder construction despite falling home prices. Learn about the Fraser Institute's findings.

$10 Gap Between B.C. Minimum and Living Wage

Over 700,000 low-wage workers in British Columbia face impossible choices as the gap between minimum wage and living wage reaches $10 per hour in Metro Vancouver.

Ottawa Food Bank Visits Double Since 2019

The Ottawa Food Bank's 2025 Hunger Report reveals a 101% increase in visits since 2019, urging all government levels to address the affordability crisis. Read the full story.

Toronto's new top doctor: affordability key to health

Dr. Michelle Murti, Toronto's new Medical Officer of Health, declares affordability a critical health issue affecting residents' wellbeing. Learn how economic stress impacts public health outcomes.

Trump's 50-Year Mortgage Plan: What It Means

U.S. President Donald Trump's proposal for 50-year mortgages could lower monthly payments but dramatically increase total interest costs. Explore the implications and how Canada uses similar tools.

Youth Housing Crisis Fuels Socialist Political Shift

The election of Marxist Zohran Mamdani as NYC mayor highlights a generational divide driven by unaffordable housing. Young Canadians face similar economic pressures threatening traditional prosperity.

Lethbridge living wage surges 11.5% to $22.30

A new report shows Lethbridge's living wage has increased to $22.30 per hour, making the city less affordable for working families. Learn what this means for Alberta residents.

Trump's 50-Year Mortgages Criticized by Experts

Donald Trump's proposal for 50-year mortgages faces industry criticism as experts warn it provides minimal cost relief while significantly increasing long-term interest payments and delaying equity building for homeowners.

Carney's Carbon Tax Plan Echoes Trudeau's Mistakes

Former Bank of Canada governor Mark Carney's proposed carbon pricing strategy faces criticism for mirroring Justin Trudeau's contentious climate policies that divided Canadians and impacted affordability.

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