News

  • Removal of land transfer tax would put Toronto $300 million in the hole: Mihevc by Shane Buckingham

    The Toronto Real Estate Board has been resolute in its calls for Mayor Rob Ford to fulfil his promise to abolish the land transfer tax, but Coun. Joe Mihevc says such a move would only plunge the city further into debt.

  • Canadian home prices hit record highs by Editorial Team

    Home prices reached a record high in July, rising 1.3% from the previous month, according to a real estate survey of repeat home sales.

  • OSFI echoes broker concerns about Big Six lending by Vernon Clement Jones

    RBC, BMO and the rest of the Big Six, consider yourselves warned: The Office of the Superintendent of Financial Institutions (OSFI) has its eye on you, moving to increase its scrutiny of your lending practices to ensure prudence isn’t sacrificed for volume.

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