The Economy

Explore how Canada’s Prime Rate affects your mortgage, investments, and savings. Stay informed and manage your finances with confidence.

Demystifying the Inverted Yield Curve Phenomenon Have you ever wondered why investors are so obsessed with the inverted yield curve? Let's dive into the world of finance and understand why this concept holds such significance in predicting economic trends. What is the...

If it feels like your paycheque doesn’t stretch as far as it used to, you’re not imagining things. Canadians today spend more on taxes than on food, shelter, and clothing combined—the very basics of living. According to the Fraser Institute’s Canadian Consumer Tax Index (2025), the average family hands over more than 43% of its income to taxes, while only about 36% goes to life’s necessities.

If you’ve been chatting with clients or colleagues lately, you’ve probably noticed that the question on everyone’s mind is: Who’s actually buying real estate right now? It’s a fair question. The headlines are full of doom and gloom about affordability, interest rates, and a supposed ‘market freeze’ — yet deals are getting done.

Decoding How the Bank of Canada Influences the Economy Using its intricate workings, let's get into how the Bank of Canada steers interest rates to shape the entire economy. From influencing borrowing costs to guiding inflation, the BOC's policies have a profound...

Let’s cut to the chase—owning a home in the Greater Toronto Area used to be a realistic goal for middle-income Canadians. Now? Not so much. If you’re earning a decent salary but still can’t afford to buy (or even rent without stress), you’re probably part of a growing group called the “missing middle.” This article will walk you through what that means, who’s affected, why it’s happening, and what you can do about it—especially when it comes to mortgages.

Whether you’re renewing, refinancing, or getting ready to jump into homeownership, let’s sit down and chat about something that directly affects your financial future: Canada’s financial landscape. Think of this as our casual coffee chat—packed with important info, minus the confusing jargon.

“Supply, supply, supply.”
If you’ve spent any time in the world of Canadian housing policy—or if you’ve even just watched the evening news—you’ve probably heard that phrase tossed around as the magic bullet to solve our housing crisis. But here’s the real question: If we all agree that we need more homes, why can’t we just build them?

We talk a lot about high home prices in Ontario—land costs, construction costs, interest rates. But there’s a quieter, less visible factor that doesn’t get enough airtime: provincial downloading.

In plain terms, downloading is when the provincial government offloads responsibilities and costs onto municipalities—without providing the funding to go with it. And when municipalities are left holding the bill, they turn to one of the few revenue tools they have: development charges.