Blog | The Canadian Home
Blog Search
Eviction Epidemic: Unveiling the Harsh Realities Faced by Canadian Renters
On March 27th 2024, Prime Minister Justin Trudeau announced the introduction of a Bill of Rights for renters in Canada during a speech in Vancouver for Budget 2024.
Although the full extent of this bill was not disclosed here are some of the major points that were shared,
Spring Into Action: Navigating Ontario’s Competitive Housing Market in 2024
If you have been planning to buy a home in Ontario this year then you need to act now because chances are you might not get an opportunity later. Canada has now entered the infamous spring market which is widely considered as the most busy (and competitive) real estate season, with good reason. With
Most Viewed Properties That Captured Homebuyers’ Hearts in March
Some property listings fail to catch the attention of homebuyers despite the best efforts of the seller or the listing agent. But then, certain houses effortlessly hog the spotlight. These popular houses often have all or most of the features home buyers find desirable, drawing more attention to the
Maximise Your Returns: Top Cities to Invest in Ontario This April Under $700K
Real estate is one of the best ways for an investor to make money - you must have probably heard about the age-old truth. Not only do investment properties can earn you excellent long-term returns but they also offer you tax benefits and add diversification to your overall investment strategy.
The
Unexpected Truths: The Possibility of Mortgage Renewal Denial for Canadian Homeowners
Did you know that according to a recent survey by the Canadian Association of Accredited Mortgage Professionals (CAAMP), a whopping 18% of mortgage renewals in Canada are denied every year? Not only that, around 25% of homeowners experienced difficulties with their mortgage renewal process in one wa
Boost Your Mortgage Approval Chances: Discover the Types of Assets To Include in Your Application
Getting ready to apply for a home mortgage loan, but aren’t sure what assets to include in the application? It’s not just you! Most homebuyers often struggle to decide which assets to mention when applying for a mortgage.
However, remember, the assets you choose to list can significantly influence
Tightrope Walk: Why the Bank of Canada Needs To Ease Up on Interest Rates
The Bank of Canada (BoC) has been aggressively raising interest rates since late 2022 to combat high inflation. While this strategy has shown some success in dampening price increases, it's becoming increasingly clear that the BoC can't maintain these elevated rates for much longer. Let's delve into
Maximizing Your Tax Returns: Key Tips for Canadian Homeowners in 2024
It's that time of the year again folks, the time when you have to report your income, calculate your tax liability, pay your dues and claim a refund wherever applicable. It is long, time-consuming, and boring but extremely important. So, if you are looking to make the most of tax returns in 2024 the
Canada Govt. to End the First-Time Home Buyer Incentive (FTHBI) Program in March 2024
It's official, the First-Time Home Buyer Incentive program has now been discontinued in Canada as of March 1st 2024. Here are some key points from the CMHC website that you need to know before we jump into the details.
Ontario Housing Market Set for a Spring Boom: Prices Rise, Economy Stabilizes, and Activity Heats Up
The latest numbers are in and The Canadian Home is happy to report that things are looking on the bright side once again. Following a challenging year in 2023, characterized by inflation, rate hikes, and a notable slowdown, the Ontario housing market is showing signs of recovery. The efforts to comb
5 Interior Design Trends To Watch Out for in 2024
Are you itching to give your space a little facelift but dread the thought of tearing down walls or emptying your savings account? Fear not!
The interior design trends of 2024 are all about making impactful changes without the need for a total redo. We are talking about simple swaps and strategic
Bank of Canada Interest Rate Announcement On March 6 - What will happen?
The Bank of Canada (BoC) is on deck to deliver its second interest rate update of 2024 on March 6th, 10:00 AM ET. This announcement follows their January decision to maintain the key interest rate at 5%, marking the third consecutive hold after a series of hikes in 2023.