The federal government’s new Housing Plan, announced on April 12, 2024 and supported by Budget 2024, introduced a provision aimed at helping renters build credit by integrating rent payments into credit histories. It proposes amendments to the Mortgage Charter, encouraging collaboration among fintech companies, credit bureaus, and lenders to include rental payment data in credit scores. 

The government...

Calgary offers unique advantages and untapped potential for investors seeking robust returns and long-term growth. Calgary is a vibrant urban centre, providing a balanced mix of city living and easy access to the beauty of the nearby Rockies. A strong economy and ample recreational activities of all sorts, as well as a wide variety of neighbourhoods to cater to all lifestyles and budgets, ensure a strong...

Commercial and Industrial

According to Altus, the commercial and industrial sectors faced setbacks in 2023 Q4. In the multi-family sector, there was a slight decrease of 15% year-over-year, with $898 million in total transaction volume. The office sector experienced a more significant decline, posting $527 million in transactions, down by 34% compared to the previous year. Similarly, the retail sector...