As a real estate investor, scaling your portfolio is a natural progression once you’ve gained confidence and experience in managing a single property. However, the jump from managing one property to handling multiple can feel like a big one, which isn’t surprising, as it’s a substantial shift in responsibilities. 

It’s important to have a solid foundation first, to ensure a smooth transition...

The Bank of Canada’s Quarterly Financial Report for Q2 2024 was released on August 22. This report provides noteworthy insights into its recent economic actions and financial position.

Financial Position and Economic Support

As of June 30, 2024, the Bank of Canada’s total assets stood at $273 billion, down 14% from the end of 2023. This decline is mainly due to the Bank’s ongoing quantitative...

Statistics Canada recently released its Labour Force Survey for July 2024, indicating some interesting trends that could impact the Canadian real estate markets. 

Employment was relatively stable, decreasing by a negligible 2,800 jobs in July compared to the previous month, leaving the unemployment rate unchanged at 6.4%. However, this does not reflect the variations seen across different demographics,...