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Your daily horoscope: March 9, 2026

  IF TODAY IS YOUR BIRTHDAY A Mercury-Jupiter link on your birthday means you will excel when it comes to communicating both your thoughts and your feelings. You will also excel when it comes to taking your ideas and making them work in the wider world. ARIES (March 21 - April 20): If you feel that your current situation is proving a bit too tough to face on your own then don’t hesitate to call on expert advice. No one expects you to be on top of everything at all times, so don’t expect it of yourself. TAURUS (April 21 - May 21): With communications planet Mercury linked to expansive Jupiter today your powers of persuasion will be high, but you must make sure you are aware of all the facts before pronouncing judgment. If you get it wrong you could look rather foolish. GEMINI (May 22 - June 21): What occurs on the work front today will pleasantly surprise you but as Jupiter is moving out of its retrograde phase you would be wise to question what your superiors tell you. It could be ...
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New Mortgage Policies Expected to Drive Canadian Home Prices Higher in 2025

 

According to a recent analysis by TD Economics, new federal mortgage policies are set to boost Canadian home prices in 2025. These policies, which include raising the cap on insured mortgages and extending amortization periods for first-time homebuyers, are expected to provide a secondary tailwind to the housing market.

The new measures, effective December 15, 2024, will increase the insured mortgage cap from $1 million to $1.5 million, allowing more Canadians to qualify for mortgages with lower down payments. Additionally, first-time homebuyers and purchasers of new builds will be able to take out loans with a 30-year amortization period.

TD Economics predicts that these changes will result in home sales and average prices being two to four percentage points higher by the end of 2025 than they would have been without the new policies. However, the report also warns that the initial boost in affordability may erode over time, potentially slowing sales volume and price growth by the end of 2026.

While these policies are not expected to trigger a housing boom on their own, they will complement lower interest rates and improving economic conditions, contributing to a more robust housing market. The changes come amid an ongoing affordability crisis driven by population growth, sluggish new construction, and inflation.

Overall, the new federal mortgage policies aim to make homeownership more accessible to Canadians, particularly younger generations, while also addressing the broader housing market challenges.


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