Ontario's Capital Markets Tribunal found the firm defrauded investors by diverting funds
The national average home price rose 1.8% year-over-year to $656,625
Rates staying higher will continue to drive credit outlook, Moody's says
But inventory levels remain lower than what's traditionally available for the month
High rates and slowing growth weighs on corporate balance sheets
Margin pressures, slowing loan growth and rising capital demands to continue
Real estate industry is likely breathing a sigh of relief that Canada's banking regulator may not move ahead with lending tightening
Canadian Real Estate Association expects a nearly 10% drop in the number of residential properties to trade hands compared with 2022
Mayor Olivia Chow says raising the tax from 1% to 3% will encourage the transformation of vacant homes into rental units
Scotiabank clients will get access to SLC's private asset strategies