In wake of fraud allegations, RBC says it’s “very comfortable” with due diligence done on HSBC Canada’s mortgage portfolio

In wake of fraud allegations, RBC says it’s “very comfortable” with due diligence done on HSBC Canada’s mortgage portfolio

Houses for sale in Ottawa RBC’s executive team today expressed confidence in its due diligence of HSBC Canada’s mortgage portfolio during the $13.5-billion acquisition. The question arose on today’s first-quarter earnings call in the wake of whistleblower allegations of a mortgage fraud scheme at HSBC Canada’s Greater Toronto operations prior to RBC’s acquisition of the […]

Don’t expect mortgage fireworks after Bank of Canada rate decision

Houses for sale in Ottawa Article content The Bank of Canada’s next rate-setting verdict is just six days away. Wake me up if something happens. Borrowers should prepare for a whole bunch of nothing — at least when it comes to mortgage rates. The Bank of Canada remains in wait-and-see mode. It’ll play it cool, […]

How Tech Innovations Shape the Future of Commercial Real Estate with Rob Murchison of Intelligent Buildings

How Tech Innovations Shape the Future of Commercial Real Estate with Rob Murchison of Intelligent Buildings

Houses for sale in Ottawa On this episode of the Commercial Real Estate Podcast, hosts Adam Powadiuk and Aaron Cameron speak with Rob Murchison, Co-founder of Intelligent Buildings. Topics covered include: Addressing technology debt in commercial buildings How data and technology drive sustainable real estate Unlocking cost reduction and decarbonization in commercial buildings Sustainability as […]

CEO Christine Bergeron On Joining Concert Properties, State Of The Industry

CEO Christine Bergeron On Joining Concert Properties, State Of The Industry

Houses for sale in Ottawa Christine Bergeron will tell you herself that she was not the obvious choice to lead Concert Properties. Originally founded as VLC Properties in 1989 by Jack Poole and David Podmore, the company now known as Concert Properties has become one of the largest developers of rental housing in Canada, with […]

Canada’s economy continues to grow

Canada’s economy continues to grow

Houses for sale in Ottawa The new figures only reinforce the overwhelming likelihood that the central bank will hold its benchmark interest rate steady in next week’s decision, scheduled for March 6. Real GDP remained largely unchanged in December, failing to hit expected growth of 0.2%, but the data shows a strong rebound in the […]

QuadReal Planning 25- And 32-Storey Towers In Mount Pleasant

QuadReal Planning 25- And 32-Storey Towers In Mount Pleasant

Houses for sale in Ottawa The Mount Pleasant neighbourhood of Vancouver could soon see an injection of over 500 new rental homes, according to a new rezoning application published by the City of Vancouver on Tuesday. The developer of the project is QuadReal Property Group, the real estate investment arm of the British Columbia Investment […]

Could the Bank of Canada cut interest rates next week?

Could the Bank of Canada cut interest rates next week?

Houses for sale in Ottawa Recent indications of a still-strong labour market may have given the Bank of Canada pause for thought on its rate-cut timeline, even if overall inflation fell by more than expected at last reading to 2.9%. Keith Reading (pictured top), senior director of research at real estate firm Morguard, told Canadian […]

What’s going on at The One, Toronto’s troubled $2-billion mega-tower?

What’s going on at The One, Toronto’s troubled -billion mega-tower?

Houses for sale in Ottawa Breadcrumb Trail Links Real Estate Mizrahi’s company ousted from condo tower project as saga continues Published Feb 28, 2024  •  Last updated 3 hours ago  •  5 minute read The One condominium and hotel under construction at the intersection of Yonge St. and Bloor St. in Toronto. Photo by Arlyn McAdorey/The […]

BMO sees rise in loan losses, but says mortgage clients remain “resilient”

BMO sees rise in loan losses, but says mortgage clients remain “resilient”

Houses for sale in Ottawa BMO reported rising loan losses in the first quarter and anticipates a further increase before conditions improve in the second half of the year with expected Bank of Canada rate cuts. The bank also set aside $627 million in loan loss provisions, which are funds banks must keep on hand […]

How to Find Rental Properties for Sale

How to Find Rental Properties for Sale

Whether you’re a seasoned real estate investor looking to expand your portfolio or a first-time home buyer interested in income-generating assets, investing in rental properties can be a lucrative venture, providing a steady stream of income and potential long-term wealth. With the right strategy, you can uncover promising rental properties that align with your financial […]