Canada relaxes some mortgage rules to tackle housing crisis

Canada relaxes some mortgage rules to tackle housing crisis

Finance Minister Chrystia Freeland on Monday announced changes to some mortgage rules as part of an effort to make housing more affordable, although some housing experts are doubtful that the new measures will have a meaningful long-term impact on housing affordability and say they might even push prices up. The federal government will increase the cap on insured mortgages … Read more

Lawyer couple found in contempt of court amid evidence they stole millions from homebuyers

Lawyer couple found in contempt of court amid evidence they stole millions from homebuyers

A pair of Toronto lawyers accused of embezzling nearly $7 million from real estate clients has been found in contempt of court for failing to hand over financial records and answer questions about where the money went.  Singa Bui and her husband Nicholas Cartel face penalties that could include fines or even imprisonment, and will … Read more