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

Feds launch mortgage refinancing program to boost secondary suites and ease housing crunch

10/8/2024 | Posted in Government and Regulation by Jessi Sandhu

ChrystiaFreeland-GovernmentofCanada-520.jpg - Real Estate News The federal government is rolling out another set of mortgage changes aimed at addressing the housing shortage, this time focusing on supporting the construction of secondary ... More


Federal government raises insured mortgage cap to $1.5M, expands 30-year amortizations

9/17/2024 | Posted in Government and Regulation by Jessi Sandhu

group-of-young-adults-338.jpg - Real Estate News The federal government has unveiled sweeping changes to Canada’s mortgage system, calling them the “boldest reforms in decades.” ... 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


Feds commit to exploring CRA income verification in budget 2024 to address mortgage fraud

4/12/2024 | Posted in Government and Regulation by Jessi Sandhu

cra-70.jpg - Real Estate News The federal government today confirmed plans to consult with the mortgage industry on developing income verification tools through the Canada Revenue Agency. ... 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


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


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


Tiff Macklem named new Bank of Canada governor amid COVID-19 pandemic

4/30/2020 | Posted in Anouncements by Jessi Sandhu

bank-of-canada-governor-481.jpg - Real Estate News Tiff Macklem, a former second-in-command at the Bank of Canada, is returning to the central bank to take over the top job at a moment that he says cries out for bold, ... 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


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