Sewer Capacity Stalls 900-Home Development in Springwater Township
Housing developer Tom Jarvis has spent more than five years trying to break ground on a 900-home development in Springwater Township, north of Barrie, Ont. The project survived planning hurdles and rezoning battles, but its biggest obstacle was a lack of municipal sewer capacity. This issue highlights a broader challenge: federal and provincial governments continue to promise hundreds of thousands of new homes, but those homes require roads, pipes, pumping stations and treatment facilities long before anyone can move in.
Vendor Take-Back Mortgages Gain Traction in Slow Housing Market
In a housing market where many buyers remain on the sidelines, some homeowners are turning to a commercial property strategy to close deals. Vendor take-back mortgages, while not the norm, offer an alternative when financing is hard to come by. Garry Marr reports that this approach can help reluctant buyers take the plunge, allowing sellers to finance part of the purchase themselves.
Deloitte Sees 'Real Opportunity' for Economic Growth in 2026
As U.S. trade frictions continue to be the top risk to Canada’s economy, a new report from Deloitte Canada says the “real opportunity” for growth lies in a combination of government investment and boosting businesses’ confidence to get capital flowing. The report notes that while the Canadian economy is stagnating, it is not contracting.
Think Twice Before Selling a Stock, Warns Expert
From locking in gains to a price plummet, there are many reasons to sell a stock. But Peter Hodson advises caution: is it always wise? He urges investors to think again before acting on temptation, as market timing can be risky.
Why a Solid Credit Score Isn't Enough for Loan Approval
A higher credit score is worth having, but pairing it with a healthy debt load and stable income is what helps get applications approved. Lenders weigh multiple factors, and a declined loan despite a good score may stem from high debt-to-income ratio or irregular income. Understanding these factors can improve approval chances.
