Canada’s central bank has recently shared some relief for homeowners: the feared “mortgage renewal cliff” isn’t nearly as steep as many expected. Earlier reports warned that, as borrowers came off ultra-low interest rates, monthly payments could spike by around 15%, squeezing household budgets. However, updated figures in the Financial Stability Report reveal a much gentler reality—mortgage renewals are looking more like a small bump in the road than a cliff.

Canada’s job market is starting to look quite different from the one in the United States, and that usually spells trouble for the loonie. Right now, the gap between the two countries' job performance is the widest it’s been in about 25 years. As Canada’s unemployment rate rises while the U.S. holds steady or improves, this kind of imbalance often puts downward pressure on the Canadian dollar.

A running toilet may not seem like a big problem, but it can waste a surprising amount of water every day. In fact, a constantly running toilet can waste hundreds of litres daily, which adds up on your water bill. Many homeowners ignore the problem or think they need a plumber right away. However, most running toilet issues are easy to fix with a few simple steps. Understanding how toilets work and learning a few tricks can help you take control and avoid unnecessary expenses.

Ontario’s government has introduced a new law called the Protect Ontario by Building Faster and Smarter Act, 2025. The goal is to make building homes and other projects faster and cheaper by creating common rules across all towns and cities. One key change is to standardize development charges—fees developers pay for things like roads and sewers—so they’re the same everywhere. This way, no matter where a project happens, builders will know upfront what they need to pay.

Edmonton city leaders are considering a new $553 million plan aimed at giving downtown a big lift. The plan was introduced this week to the Urban Planning Committee. City officials say the downtown area needs fresh energy after years of challenges—including a steep rise in empty offices and stores since the pandemic hit.

Squeaky doors and floors can be annoying. They interrupt quiet moments, wake sleeping babies, and draw attention at the worst times. Most people assume fixing the problem means getting out a toolbox or calling someone for help. But the truth is, you can silence those squeaks in just five minutes—and you don’t even need any tools to do it.

Canada’s famed cottage country is facing a wave of challenges far beyond just the impact of recent tariffs. Homebuyers and cottage owners are feeling the strain from several angles, including a drop in lakefront property values, fear of rising interest rates, and a slowdown in market activity. While the incoming tariffs grab headlines, the region was already going through a period of adjustment after a red-hot housing boom.

Brookfield Asset Management, a global investment firm, is aiming to buy an industrial property portfolio in Singapore worth about US\$380 million. The deal shows Brookfield’s faith in Southeast Asia’s logistics and warehouse sector. These kinds of properties are in high demand due to the growth of e‑commerce and regional trade. Brookfield plans to expand its holdings in Singapore by acquiring industrial buildings that can meet this rising need.

Cracks in drywall are a common issue in many homes. These cracks can happen because of house settling, moisture changes, or even temperature swings. While they may look like a big problem, most drywall cracks are simple to fix and don’t always require professional help. With a little time, patience, and the right tools, you can get your walls looking smooth and new again.

Hudson’s Bay, Canada’s iconic department store chain founded in 1670, has officially closed all its remaining stores as of June 1, 2025. After a long history and deeply rooted place in Canadian culture, the chain shut its doors following court approval to liquidate all 80 Hudson’s Bay locations, along with three Saks Fifth Avenue and 13 Saks Off 5th stores in Canada. This marks the end of nearly 355 years of continuous retail presence in the country and a turning point for Canadian brick-and-mortar commerce.

Ontario home sellers are increasingly facing the reality of losses. Traditionally, only about two to four per cent of properties in Ontario sold for less than their purchase price. But by 2024, a staggering 25 per cent of homes bought in 2022 and later were sold at a loss—often hundreds of thousands lower than peak COVID-era prices. Across the province, the median loss was roughly $45,000. In the Greater Toronto Area, homeowners felt it more sharply, averaging around $56,000 in losses.

Every home needs a little fixing now and then, but not every repair needs to be a big project. In fact, many small issues around the house can be solved quickly without hiring a handyman or using a toolbox. Whether you're getting ready for guests or just want your living space to feel more comfortable, there are easy home repairs you can do in less than an hour—with no tools required.

The City of Calgary recently launched a new Downtown Density Bonusing Offset Program designed to ease the path for developers to build more homes in the heart of downtown. The initiative aims to create over 1,500 residential units by allowing builders to exceed existing base density limits in exchange for contributions that benefit the community. Under current zoning rules, “base density” refers to how much floor space can be built relative to land area, but this program gives developers the opportunity to go beyond that limit if they contribute in specific ways.

Prime Minister Mark Carney has announced a bold plan to inject $26 billion into prefabricated and modular homes through a new initiative called Build Canada Homes. The package includes $25 billion in debt financing and $1 billion in equity aimed at helping Canadian prefab homebuilders. The government says this approach could cut construction times in half, lower costs by up to 20%, and reduce emissions by around 22% compared to traditional building methods.

Taking care of your lawn isn’t just about doing the work—it’s about doing it at the right time. Many homeowners mow, water, and weed their yards without knowing the best timing, which can make their efforts less effective. But if you follow expert advice on when to do each task, you’ll help your grass grow stronger and reduce the time and money spent on yard care. Timing is key for healthy, green grass and fewer weeds.

Canada has seen a big change in where its international students come from. In March, the number of new study permit applications dropped sharply, and more interestingly, the countries behind those applications are shifting fast.

Canadian housing markets are taking a sharp hit as worries over global trade trouble, especially the ongoing tariff war, shake buyer confidence. RBC Economics has stated clearly that they do not expect the market to bounce back soon. Sales dropped sharply in April across all major regions, while the number of homes for sale climbed, leaving greater choice for buyers but increasing pressure on sellers.

Creating a beautiful yard doesn’t have to mean hours of weeding, watering, or mowing. Many homeowners want a stunning outdoor space but don’t have the time or energy to keep up with constant maintenance. The good news is that there are low-maintenance landscaping ideas that can still look high-end, giving your yard a polished and professional appearance without demanding too much from you.

On May 5, Colliers, one of Canada’s major real estate firms, named Andrew Kirkham as the new Managing Director of its Vancouver brokerage operations. This means Kirkham is now in charge of guiding the team of advisors handling all types of commercial property deals across the city. He will report directly to Kirk Kuester, the Executive Managing Director of Colliers Vancouver.

TD Economics says condo prices in the Greater Toronto Area (GTA) could fall another 10 per cent this year, on top of recent declines. That would put values down a total of 15–20 per cent from their mid‑2023 high, casting a shadow over a market already in correction mode.

Keeping your car clean can feel like an uphill battle, especially when you have young kids, pets, or spend time at the beach. Crumbs, fur, and sand seem to show up out of nowhere, and no matter how often you clean, it always feels like the mess returns faster than you can keep up. But with a few smart tips and the right tools, you can make interior car cleaning easier and longer-lasting.

Canadians are tapping the brakes on their homebuying plans as worries about a recession grow, according to a recent Bank of Montreal (BMO) survey. Between March and April 2025, concern that the economy may slide into a recession jumped sharply—from 60 per cent to 74 per cent of respondents. Nearly seven in ten prospective buyers say they’re waiting for interest rates to fall before moving ahead, with many holding out for rates to drop to around 3 per cent or lower.

Home resale activity in Toronto took a sharp downturn in April, with sales plunging 23 % compared to the same month a year earlier. The slowdown follows a rise in listings, giving buyers more choices but also signaling weaker demand in the market.

When your car breaks down or needs regular maintenance, your first thought is often where to take it. In Canada, drivers now have two main options: calling a mobile mechanic or visiting a local auto repair shop. Both offer great benefits, but they also come with different costs, levels of convenience, and service quality. Depending on where you live in Canada—whether it's a large city or a rural area—one option may make more sense than the other.

Despite recent declines in interest rates and home prices, a new report indicates that housing affordability in Canada is unlikely to improve in the near future. The analysis suggests that while borrowing costs have eased slightly, they remain significantly higher than pre-pandemic levels, and home prices, although down from their peak, are still elevated. These factors continue to pose challenges for prospective homebuyers, particularly first-time purchasers.