Realtors

Conservative leader Andrew Scheer's pledge to extend mortgage amortization maximums for some homebuyers and loosen a contentious stress test would likely lead to more debt and higher property prices, some experts say.''Oh my god,…

OTTAWA – The Bank of Canada has lowered the rate used by mortgage stress tests to determine whether would-be homeowners can qualify, marking the first drop in three years.The central bank's five-year benchmark qualifying rate is now…

VANCOUVER – The federal government has announced $10 million to help the RCMP prosecute money laundering after a special meeting of Canada's finance and justice ministers to discuss the pervasive problem.British Columbia has been…

VANCOUVER – The authors of a report that found $47 billion was laundered across Canada last year debated whether to include a graph that indicated Alberta, Ontario and the Prairies were hotspots for dirty money, says the lead writer.…

News that some $5 billion was laundered through British Columbia's real estate market in 2018 comes as no surprise to experts, as Canada's weak money-laundering laws make it an attractive spot to park ill-gotten cash.Kevin Comeau,…

EDMONTON – Prime Minister Justin Trudeau says a report out of British Columbia on the extent that criminals are laundering their dirty money in Canada is alarming and shows that everyday Canadians are being hurt in the process.The…

VICTORIA – A report that estimates $5 billion was laundered through British Columbia's real estate market last year also lifts the lid on the extent of illegal cash moving across Canada.Some $7.4 billion overall was laundered in B.C. in…

TORONTO – Ontario's realtors and home builders say the province could address a housing supply crunch if it allowed a greater range of developments around 200 transit hubs.The associations that represent Ontario's realtors and home…

TORONTO – Housing sales across the Greater Toronto Area rose last month, compared with a year ago, as prices also climbed, helped by strong sales in the condo and higher-density low-rise markets.The Toronto Real Estate Board says there…

The Federal Court of Appeal has upheld a previous ruling that Canada's largest real estate board must allow its realtor members to make home sales data available online, in a precedent-setting case that could enable agents across the…