Overview: a look at the new permanent residency pathways Canada is offering Hong Kong residents and its impact on Toronto home prices. That number is set to skyrocket thanks to two new permanent residency pathways. According to CBC News: Canada is offering two new paths to permanent residency for Hong Kong residents who work here or are recent graduates already…
Tag: mortgage stress test

A Foreign Investors Guide To Buying Toronto Real Estate [Updated 2022]
Overview: a foreign investors guide to Toronto real estate, with advice on taxes, mortgages, rebates, down payments, location, property types, and more. Then you’ve come to the right place. This guide will walk you through everything you need to know, from basics such as who can buy real estate in Canada, to more complex issues such as taxes, legal hurdles…

The New Mortgage Stress Test Is Coming—Are You Ready?
Overview: a look at the new mortgage stress test and its impact on Toronto’s housing market, including home sales, prices, mortgages, buying power and more. Starting June 1st, the federal government is updating its stress test and making it tougher. The goal? To cool down the country’s red-hot real estate market and make it harder to buy a home. Just…