The program that starts next month applies to homes with a maximum value of $750,000
Canada's financial system remains vulnerable to the continued rise in house prices across the country
However, the province is boosting the land-transfer tax on house purchases above $2 million
The Bank of Canada governor says the central bank’s use of a inflation target has served the economy well, but it continues to look for ways to improve
Toronto sees decline
Ottawa to bring in a more rigorous mortgage rate stress test for all insured borrowers
Toronto area had the country’s second-biggest decline; most other cities saw only a modest drop
The overheated market may already be cooling, leaving it more vulnerable to rising unemployment
Provincial government looking for ways to address eroding affordability in Toronto’s housing market
But the Paris-based group raises concerns over housing