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Sky-high Toronto condo numbers renew fears of overheated market

Sky-high Toronto condo numbers renew fears of overheated market

Now, fresh numbers released Monday by Canada Mortgage and Housing Corp. showing a surge in construction suggest it's too early to shelve fears of overbuilding. That underscores Mr. Flaherty's comments just last week that he continues to worry about …
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Lock In While They're Low: Fixed Mortgage Rates to Rise

However, variable mortgage rates will maintain the status quo, as instability among Canada's largest trade partners and sluggish domestic economic growth lead to no change for the Bank of Canada's Overnight Lending Rate. Fixed Mortgage Rates: Up …
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Bankers Joining Plumbers as Canada Housing Agency Revamps Board

Canada's housing agency, which insures C$563 billion of mortgages, named former Bank of New York Mellon Corp. Chief Executive Officer Robert Kelly chairman last month amid government pressure to upgrade management. He joins a board that includes …
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