by Allen Ehlert | February 6, 2025 | Economy, Mortgages, Real Estate
If a large number of Canadians default on their mortgage, what could happen? The Trump administration has introduced a great deal of economic uncertainty to Canada, the United States, and the world at large. Tariffs introduced by the Trump administration are likely to...
by Allen Ehlert | February 5, 2025 | Personal Finance, Real Estate
Canadian REITs have faced challenges in the past year, but there is hope for a rebound. In this blog post, we dive deeper into the factors influencing the performance of Canadian REITs and explore why the sector needs more capital. From leasing spreads to market...
by Allen Ehlert | February 2, 2025 | Mortgage Terms, Mortgages, Real Estate
The Agricultural Land Reserve (ALR) is a provincial zone in British Columbia, Canada, where agriculture is recognized as the priority use. Farming is encouraged, and non-agricultural uses are restricted. The ALR covers approximately 4.7 million hectares of the...
by Allen Ehlert | April 12, 2024 | Mortgages, Personal Finance, Real Estate
Canada’s New 30 Year Mortgages Imagine this scenario: You’ve been saving up for years, patiently putting aside every spare dollar, dreaming of the day when you can finally buy your own home. As you scroll through real estate listings, you can’t help...
by Allen Ehlert | April 10, 2024 | Mortgages, Real Estate
The Canada Mortgage and Housing Corporation (CMHC) has recently announced the discontinuation of the First Time Home Buyer Incentive Program (FTHBI). The program was launched in September 2019 as part of the National Housing Strategy, offering qualifying...
by Allen Ehlert | December 4, 2023 | Mortgages, Real Estate
Wildfires in Canada are wreaking havoc on the lumber industry, with record-breaking fires burning 10 times the size of Toronto. The destruction of 4 million hectares of timber since June 6th, 2023 is having a significant impact on the wood-consuming industry. As a...
by Allen Ehlert | December 4, 2023 | Economy, Mortgages, Personal Finance, Real Estate
Why You Should Avoid Choosing a 3-Year Fixed Mortgage in 2024 Thinking of getting a three-year fixed mortgage in 2024? You might want to reconsider. While some people are tempted to time the market and assume that interest rates will go down, this strategy is risky...
by Allen Ehlert | December 4, 2023 | Real Estate
Hundreds of people are surviving on the streets in the city of London, Ontario, which is experiencing a severe homelessness crisis. The city has proposed a multimillion-dollar plan in an effort to address this pressing issue and save lives. However, opinions on this...