Canada's total residential mortgage debt has surpassed $2.4 trillion as of January 2026, according to new data from the Canada Mortgage and Housing Corporation (CMHC) released Tuesday. This record high comes as delinquency rates begin to creep upward, signaling potential stress in the housing market.
Dunkin' Donuts Returns to Canada
The iconic American coffee and donut chain Dunkin' Donuts is planning a major comeback in Canada, with hundreds of locations expected to open across the country. The first store is anticipated to launch in late 2026 or early 2027, directly challenging the dominance of Tim Hortons in the Canadian market.
BMO Sells Transportation Financing Business
Bank of Montreal (BMO) announced it is selling a majority stake in its transportation and finance lending operations to a New York-based alternative investment firm. The move is aimed at improving capital efficiency and sharpening BMO's focus on its core markets.
Tax Planning for Next Year
With tax season officially over, experts advise Canadians to start planning for the next year immediately. Kim Moody, a tax specialist, emphasizes that understanding tax policies and their impact on net worth and retirement is crucial for financial health.
Alternative Lender Secures Financing
CMI Financial Group, an alternative mortgage lender, has secured a senior financing facility from Royal London Asset Management, one of the UK's largest asset managers. This deal will enable CMI to continue providing mortgages to borrowers who do not qualify for traditional bank underwriting.
Stay tuned for more updates on these developing stories.
