Volatile real estate market makes divorce even more painful
Higher interest rates and strained affordability in the Toronto-area housing market are creating thorny issues for married couples going through separation or divorce.The turbulence that often comes with relationship breakdown is magnified in 2023 if the couple owns property and needs to divide the
Canada’s largest banks report another big jump in mortgages longer than 25 years
As of July, 43% of RBC’s residential mortgages had amortization periods of more than 25 years, with TD reporting nearly half with same length.
Artscape, a Toronto non-profit arts space provider, to be placed into receivership
Shuttering of the Toronto organization, which provided affordable housing and work spaces for artists, ‘a profound loss to the arts and cultural landscape.’
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