Jessi Sandhu - Your Brampton Real Estate Agent
Government Intervention News and Articles | My Blog

Housing minister says he's trying to convince big cities not to hike development charges

5/22/2024 | Posted in Government and Regulation by Jessi Sandhu

home-value-increase-443.jpg - Real Estate News Toronto and Ottawa recently raised the fees despite a warning from Fraser that it would cut them off from future funds ... More


Budget 2024 housing highlights: capital gains inclusion rate on secondary homes rises to 66.7%

4/16/2024 | Posted in Government and Regulation by Jessi Sandhu

business-data-reporting-274.jpg - Real Estate News Housing was a key priority in today’s federal budget, though it came as no surprise given the array of housing-related policy announcements unveiled in recent weeks. ... More


Trudeau offers billions to boost homebuilding - with strings attached

4/2/2024 | Posted in Government and Regulation by Jessi Sandhu

single-house-new-build-framing-313.jpg - Real Estate News Prime Minister Justin Trudeau is pressuring Canada’s provinces to remove barriers to building more housing, including requiring them to freeze municipal development charges ... More


Canada reports fastest population growth in history in third quarter of 2023

1/22/2024 | Posted in Canada Living by Jessi Sandhu

airport-travel-immigration-500.jpg - Real Estate News Canada’s pace of population growth continues to set records as the country brings in a historic number of temporary residents, largely through international student and ... More


Overview of housing initiatives in the government's Fall Economic Statement

11/21/2023 | Posted in Mortgages and Real Estate by Jessi Sandhu

government-of-canada-469.jpg - Real Estate News From a crackdown to short-term rentals to new investments to create more housing supply, the federal government made housing a key component of its Fall Economic Statement ... More


Canada's profligate spending forced interest rates higher: Scotiabank

11/20/2023 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu

property-search-ontario-133.jpg - Real Estate News Without that boost in spending, the central bank’s key overnight lending rate would be about 3 per cent instead of the current 5 per cent, according to Scotiabank ... More


Struggling mortgage holders could see lenders waive fees under new guidelines

7/6/2023 | Posted in Mortgages and Real Estate by Jessi Sandhu

senior-couple-calculating--taxes--debt-462.jpg - Real Estate News Ottawa has published a new set of guidelines to standardize how Canada’s federally regulated lenders offer mortgage relief to consumers struggling under the weight of higher ... More


Governments shunting 'dirty work' on inflation to Bank of Canada, CIBC says

6/13/2023 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu

bank-of-canada-governor-481.jpg - Real Estate News The Bank of Canada will have to keep rates higher for longer unless governments do more to dial back their spending, one of the country’s largest commercial lenders warned. ... More


CMHC expands Insured Mortgage Purchase Program

3/26/2020 | Posted in Mortgages and Real Estate by Jessi Sandhu

government-of-canada-469.jpg - Real Estate News Canada beefs up liquidity plan with expanded mortgage guarantee ... More


Canada's COVID-19 Economic Response Plan: Support for Canadians and Businesses

3/18/2020 | Posted in Canada Living by Jessi Sandhu

canadian-real-estate-markets-62.jpg - Real Estate News The Government of Canada is taking immediate, significant and decisive action to help Canadians facing hardship as a result of the COVID-19 outbreak. ... More


Ontario stabilizing amid Fair Housing Plan, new mortgage rules - RBC

10/24/2017 | Posted in Ontario Real Estate by Jessi Sandhu

home-for-sale-ontario-canada-131.jpg - Real Estate News A renewed boost of consumer confidence will make itself apparent in the increased stability of Ontario’s residential real estate market, a few months after the introduction ... More


Banking head speaks out on Toronto real estate market

4/4/2017 | Posted in Toronto Real Estate by Jessi Sandhu

property-value-108.jpg - Real Estate News Governments may have to impose more measures to cool Toronto’s housing market if prices remain “overheated” after the spring buying season, said Bank of Nova ... More


Government "very focused" on monitoring housing market: Finance Minister

3/6/2017 | Posted in Toronto Real Estate by Jessi Sandhu

real-estate-67.jpg - Real Estate News The government remains “very focused” on monitoring the Canadian housing market, Finance Minister Bill Morneau said. His remarks come amid rising prices in Toronto and ... More


Government intervention in Toronto more likely by the day: RBC

1/30/2017 | Posted in Toronto Real Estate by Jessi Sandhu

toronto-map-29.jpg - Real Estate News In a report released last week, the Royal Bank of Canada cautioned that the trends and conditions in Toronto real estate point to the growing possibility of government ... More


At Your Service

Thinking of buying or selling a property, or have a question regarding the real estate market? Fill out the form below and 'll get back to you promptly.