COVID has put tremendous pressures on Canada’s economy and on our public and private balance sheets. Long term economic recovery and job creation will be a key policy objective for Canadian leaders. Given that over 70% of our na …

A longstanding Tembo tradition is to discuss the buffet of real estate predictions for the coming year. There have been many price predictions floating around. Banks have best case, moderate, and worst case scenarios, as do most finan …

A question many of you might have asked yourselves, and a question many Canadians are sure to be pondering. As many of us are aware, the federal government alone is set to spend almost $350 billion this year to manage the impact of …

The Ontario Home Builders Association releases monthly data on where housing starts are being initiated across Ontario. Data for October shows some interesting patterns. The biggest year to year increases in housing starts were in Bar …

These are difficult times for all of us. Negative news jams the airwaves, and everyday a new challenge presents itself. The world is waiting anxiously for a vaccine for COVID even as case numbers rise and the death toll continues its …

Torontonians continue to pay some of the lowest proportional property tax rates in Ontario, despite an above inflation increase that was passed by City Council earlier this year. Today Torontonians pay 0.6% of their home values in pro …

The Federation of Rental Housing Providers of Ontario (FRPO) recently released a report discussing the shortage of affordable housing in Toronto and presenting a solution. The magic ingredient to solving the housing crunch can be foun …

In this blog, Tembo will outline some of the programs and measures in place to support individuals for those in need. We recognize that many of our readers, clients, and stakeholders are people who have been directly impacted by COVI …

In this blog, Tembo will outline some of the programs and measures in place to support small businesses for those in need. We recognize that many of our readers, clients, and stakeholders are small business owners, have entrepreneuria …

The message now set in stone was reiterated recently, loud and clear: cheap money is here to stay. For at least the next 2 years, the Bank of Canada will keep its record low interest rates steady at 0.25% or until we hit 2% inflation. …

They called it “the best September on record for Toronto home sales.” 42.3% more homes closed last month than was the case in September of 2019. Over 11,000 homes were sold, and the average sale price approached just under …

With case numbers slowly increasing, the provincial government has long been planning for this second wave outbreak. Tembo wants to provide readers with confidence and details of how public authorities are responding to the second wav …