The Bank of Canada’s latest decision to lower the overnight lending rate by 25 basis points from 3.25% to 3% is giving homeowners and prospective buyers plenty to consider. With two previous half-point cuts in late 2024, this latest move continues to ease pressure on borrowers with variable-rate mortgages. But does it make variable rates the smarter choice over fixed rates? Or have fixed rates bottomed...

Building community resilience to adapt to a changing climate is essential for protecting both housing values and the broader community. In British Columbia, the provincial government is taking proactive steps to mitigate the effects of climate change by investing in disaster risk reduction and climate adaptation projects. These efforts aim to enhance the ability of communities to withstand the growing...

The federal government has decided to delay its planned increase in the capital gains tax inclusion rate, moving the date to January 1, 2026. The announcement, made by Finance Minister Dominic LeBlanc on January 31, 2025, comes after an initial proposal in April 2024, which prompted a flurry of commercial real estate transactions as investors sought to divest before the tax hike took effect.