The Condo Bailout Debate: Who Really Wins?

Canada’s newest housing push in British Columbia has a simple promise and a complicated balance sheet. Prime Minister Mark Carney and Premier David Eby are putting up to $3.2 billion behind a plan to lower housing-related development costs, fund local infrastructure, and bring more than 2,200 alread

The 5-Year Fixed Mortgage Just Lost Its Crown

New data shows how dramatically — and what it means for renewal waves ahead By Matthew Sellers   For most of the past three decades, the five-year fixed mortgage was as Canadian as the Registered Retirement Savings Plan or the Tim Hortons double-double: a cultural default that shaped household finan

The Final Pandemic Mortgage Wave: 15% Payment Jumps Are Coming

The stress test saved most homeowners. But the last group is about to feel the squeeze. BoC Financial Stability Report shows the final 12% of ultra-low pandemic mortgages will renew over the next year, facing an average 15% payment jump. If you bought or refinanced in 2021 at rock-bottom rates, your

The Infrastructure Problem Nobody's Talking About on Vancouver Island

Nanaimo's biggest developer just told council: fix the sewers or we can't build. What happened → Seacliff Properties warned that without $29M in sewer upgrades, provincial housing mandates can't be met. DCCs may spike too. What it means → The real constraint on Island growth isn't zoning, it's pipes