The Bank of Canada announced their decision today to hold interest rates, backed by a resilient labour market and sticky inflation around 3%, reflects cautious optimism, though trade war uncertainties and potential tariff hikes loom. …

Recently, a significant decision by Toronto City Council has sparked renewed debate about the city’s approach to addressing its housing crisis. In a move that disappointed many housing advocates, Council voted to allow sixplexes—b …

You might wonder how global events could affect your life in Canada—maybe your plans to buy a home or manage your mortgage. It all comes down to oil prices, and the ripple effects could shake up Canada’s housing market in signific …

At Tembo Financial, we understand the challenges Canadians face in today’s housing market. With skyrocketing prices, limited supply, and growing affordability concerns, the federal government’s response to the housing crisis is a …

Persistent inflationary pressure on the price of goods, higher interest rates, and economic uncertainty continue to squeeze Canadian households, pushing many to rely on credit cards, loans, and lines of credit to cover daily expenses. …

Many Canadian homeowners are facing financial challenges due to shifting market conditions, with some at risk of power of sale scenarios. If you’re struggling to meet mortgage payments and worried about losing your property, Tembo F …

The Ontario government, under Premier Doug Ford, is doubling down on its ambitious plan to reshape how housing is planned, approved, and built across the province. With a target of constructing 1.5 million new homes by 2031, the Progr …

For many retirees, their home represents their largest financial asset. Accessing their home equity while maintaining homeownership can be a challenge, especially for those with existing mortgages. Traditional lenders often have rigid …

Selling a home in Ontario can be a challenge in the present market or when a listing lingers longer than expected. For homeowners facing this situation, the right renovations can make all the difference—potentially increasing the sa …

Canada’s housing market is in crisis, with affordability at record lows and new supply struggling to keep pace with demand. While much of the blame is placed on the BOC’s post-pandemic interest rate fiasco and insufficient supply- …

Predictions that Toronto’s housing market would roar back to life in 2025 have so far fallen flat, with sales activity continuing to underwhelm while new listings flood the market. The long-awaited rebound after a sluggish 2024 has …

With the return of Donald Trump and his well-known stance on protectionist trade policies, Canada is once again facing the real threat of U.S. tariffs. We may have escaped tariffs for now, but make no mistake, if there’s one thing t …