Interest Rate Announcement: Tariffs Loom Large, Prompt 0.25% Rate Cut

Benchmark Rate Now Sits at 2.75% In a widely expected move, the Bank of Canada implemented its seventh consecutive interest rate cut today, and marked the first interest rate announcement in the wake of the tariff threats from the U.S. The benchmark interest rate now sits at 2.75 per cent. Canada’s economy kicked off 2025…

Trump Tariffs: What Canadian Markets Will be Most Impacted?

The U.S.-Canada news cycle has been busy lately, from hockey to the Liberal Party nomination process. Of course, these developments have taken a back seat to the situation surrounding the U.S.-Canada tariffs dispute. With a new administration in Washington, trade policy has been front and centre of President Donald Trump’s economic agenda, with a focus…

RE/MAX Real Estate Agents Voted #1 Most Trusted in Canada in 2025

RE/MAX® has been voted the #1 Most Trusted Real Estate Agents in Canada by Canadian shoppers, year after year*, according to the BrandSpark® Canadian Trust Study. The 2025 Study is based on a national survey of 35,200 Canadian shoppers who gave their top-of-mind, unaided feedback on which brands they trust most and why, in the…

RE/MAX Affiliates Raise the Bar and Reach New CMN Donation Milestone

RE/MAX affiliates shine in countless ways, including their charitable spirit, which took the spotlight during the 2025 RE/MAX R4 convention, where it was announced that RE/MAX affiliates have donated more than $218 million to Children’s Miracle Network (CMN) hospitals since 1992, when RE/MAX and CMN first partnered. Their impactful efforts throughout 2024 elevated the previous…

Negotiating a Better Renewal Rate

Renewing your mortgage is a critical financial decision that can significantly impact your monthly budget and long-term financial health. With mortgage renewal rates fluctuating and various options available, negotiating a better renewal rate can save you thousands of dollars over the life of your loan. How Does Mortgage Renewal Work? Mortgage renewal is the process…

Tariff Threat Pushes New Listings Up, Sidelines Homebuyers

If you noticed more “For Sale” signs cropping up in your neighbourhood last month, it’s not just you. In its January report, the Canadian Real Estate Association (CREA) noted an influx of new listings coming on stream, with the tariff threat being a key factor in the trend. We saw an 11-per-cent increase in new…

Tariff Talk, and Could Interest Rates Go Up Again?

Will interest rates go up or down in the year ahead? With Canada facing a tariff threat from the United States, financial institutions have been adjusting their monetary policy expectations for the year ahead. One big bank is urging the Bank of Canada to take emergency action. On Monday, Trump signed executive orders to impose…

Why So Many Canadians Can’t Get a Foothold in the Housing Market

The Canadian housing market could see more action in 2025, following a period of persistent challenges including higher interest rates, a quickly growing population and the pressure that puts on our housing market), on top of a housing shortage that has existed for decades. We’ve already seen lower interest rates spark increased activity in the…