The feed · Edmonton
Global News Edmonton · Local News
Asked why they remain in Canada even with their support for the Trump administration, the U.S. homeowner who came here for work said it's because they have built a life in Calgary.
Canadian Mortgage Trends · Economic
Mortgages amortized over more than 25 years accounted for 58.6% of new insured homeowner volume in Q2, down slightly from Q1 but well above year-ago levels.
Canadian Mortgage Trends · Economic
A new report from RBC Economics says Canada's housing market appears to be "finally taking steps" toward a recovery.
Canadian Mortgage Trends · Economic
The Bank of Canada is likely to hold borrowing costs steady, as an escalation in the trade war with the U.S. threatens the economic recovery while adding to inflation risks.
Better Dwelling · Economic
The Canadian economy is doing better than many had anticipated, but it’s far from a strong economy. Statistics Canada’s (StatCan) Survey on Business Conditions shows strong optimism in Q3. However, that optimism isn’t driven by growth in sales or operations, but the hope that things won’t get worse.
Canadian Mortgage Trends · Economic
The mortgage industry veteran will lead Questbank’s sales and marketing strategy as the bank expands nationally and strengthens its support for mortgage brokers.
Canadian Mortgage Trends · Economic
EQB says stronger applications and closer broker relationships are helping it win business, even as impaired mortgages rise and enforcement timelines stretch as long as two years.
Better Dwelling · Economic
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canada’s Real Estate Bubble: First-Time Buyers Need To Be Among Top Earners First-time home buyers need to be among the wealthiest households in Canada. That’s the take from new Statistics Canada (StatCan) data revealing thei
Better Dwelling · Economic
Canada’s economy rebounded last quarter, but will it last? Statistics Canada’s (StatCan) Gross domestic product (GDP) data shows growth in June. That helped Q2 close out with much higher growth than anticipated, a sharp change from Q1. However, the bump was due to temporary events, leaving questions
Storeys · Real Estate
And if you've ever sat in gridlock on the way to a cottage and wondered why the whole system couldn't just be different, meet Ursula. This 14.5' x 45' floating cottage is currently moored at Port Dover marina, and is listed on Facebook Marketplace for $39,000. In the listing, the seller describes Ur
Canadian Mortgage Trends · Economic
U.S. consumer sentiment fell in August for the first time in three months on a worsening economic outlook, even as expectations for inflation in the year ahead eased.
Canadian Mortgage Trends · Economic
Canadian economic growth accelerated to a 3.3% pace in the second quarter, confirming a strong rebound after a yearlong slump brought on by US tariffs and a slowdown in immigration.
Canadian Mortgage Trends · Economic
RBC’s mortgage portfolio grew 5% year over year as quarterly growth accelerated, though loan-to-value ratios and delinquencies moved higher.
Canadian Mortgage Trends · Economic
TD’s Canadian real estate secured lending portfolio reached $422 billion as record originations and continued growth in its FlexLine product lifted balances.
Better Dwelling · Economic
Canada’s banks just saw the first improvement in missed mortgage payments in nearly a year and a half. Canadian Bankers Association (CBA) data shows the mortgage arrears rate fell in June. While not much of a reduction, any signs of stabilization are welcome. Unfortunately, it’s not clear that is wh
Storeys · Real Estate
It may not be shocking to hear that cities with high rents and low vacancy rates are also seeing an increase in homelessness, but correlation is not causation. But now, a recent study is pointing to causation.The research was conducted by the Canadian Alliance to End Homelessness (CAEH), who said it
Better Dwelling · Economic
Earning a healthy, middle-class income? Good for you, but odds are slanted against you when it comes to ever owning a home in Canada these days. Statistics Canada’s Canadian Housing Statistics Program (CHSP) looked at first-time buyer incomes. The data shows that first-time buyers had much higher in
Better Dwelling · Economic
Huzzah! Have you heard the good news? A Big Six bank has declared the bottom of Canada’s real estate markets. RBC announced the bottom of the market in its August update, turning the industry into messengers of the prophet on social media. It’s unclear why it’s caught steam this time around, as the
Better Dwelling · Economic
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Bank of Canada Research Warns Rate Cuts Can Worsen Housing Affordability Bank of Canada (BoC) researchers studied the impact of rate cuts on housing. They found that rate cuts boost buying immediately, with demand rising for
Better Dwelling · Economic
A new independent staff study from Canada’s central bank aims to help clarify the impact of low rates on housing. Bank of Canada (BoC) researchers found that supply and demand both get a boost with rate cuts. Demand responds almost immediately, but supply follows nearly two years later. If affordabi
Better Dwelling · Economic
The Great Canadian Real Estate correction hasn’t actually corrected much in most of the country. Canadian Real Estate Association (CREA) data shows national prices fell in July, a trend that extended to most provinces. Even with most provinces seeing lower prices last month, the majority of home pri
Storeys · Real Estate
Real estate can squeeze a recovery story out of almost any positive decimal.CREA went with “Canadian Home Sales Climb Again in July.” Fair enough. Seasonally adjusted sales edged 0.5% higher, the fourth consecutive monthly gain. After the year this market has had, four green months were always going
Storeys · Real Estate
Canada Lands Company's land holdings and development experience began moving under Build Canada Homes (BCH) — the federal agency tasked with accelerating housing delivery on public land — as of Monday. James Cox, previously Vice-President, Real Estate (Central Region) at Canada Lands Company, now ho
Storeys · Real Estate
Calgary-based Boardwalk REIT (TSX: BEI.UN) and Montreal-based Desjardins Global Asset Management (DGAM) have formed a new joint venture focused on acquiring and owning high-quality multi-family assets across Western Canada.“The intent of both parties is to build a long-term partnership that is expec
Storeys · Real Estate
In a continued effort to sell non-core assets in order to deleverage itself, Toronto-based Allied Properties REIT (TSX: AP.UN) completed $197 million in sales in Q2 2026, according to its latest financial report.That $197 million in sales consists of the $74 million sale of the high-rise office buil
Storeys · Real Estate
H&R Real Estate Investment Trust is being acquired in a $6.7-billion transaction that will merge its residential portfolio into GO Residential Real Estate Investment Trust, the companies announced Tuesday.H&R unitholders will receive $4.28 per unit in cash plus 0.5688 GO REIT units per H&R unit, val