Skip to main content

Featured

Canada's Housing Market Just Showed Its Strongest Sign of Life in 2026

  July 6, 2026 May sales jumped 5.5% nationally, listings tightened, and prices broke back above $700,000 — here's what it actually means if you're buying or selling in Ontario. The headline: After the slowest start to a year in recent memory, Canadian home sales rose 5.5% from April to May 2026 — the first real sign of momentum this year, according to the Canadian Real Estate Association (CREA). What actually happened in May National home sales climbed 5.5% month-over-month in May, the strongest single-month gain of 2026 so far. New listings pulled back slightly, down 1%, and that combination tightened the national sales-to-new-listings ratio to 49.2%, up from 46.2% in April. For context, anything between 45% and 65% is generally considered a balanced market, so Canada has moved off the buyer-friendly end of that range and toward the middle. The national average home price came in at $702,079, up 1.5% year-over-year and the first time it has topped $700,000 in nearly two year...
Post a Comment
Read more

article

Labels

Canadian Ministers Discuss Border Security with Trump's Team in Florida

 

Two senior members of the Canadian federal cabinet, Finance Minister Dominic LeBlanc and Foreign Affairs Minister Mélanie Joly, recently visited Florida to discuss Canada's new $1.3 billion border plan with members of Donald Trump's transition team. The meeting took place at Mar-a-Lago, where the ministers met with Howard Lutnick, Trump's nominee for commerce secretary, and Doug Burgum, the former governor of North Dakota and current nominee for secretary of the interior.

The ministers shared few details about their meetings, simply stating that the U.S. officials took notes and agreed to relay messages to Trump. The discussions focused on strengthening border security and combating the harm caused by fentanyl to save Canadian and American lives. The ministers emphasized the negative impacts of Trump's threatened tariffs on both Canada and the U.S., and agreed to continue the discussions in the coming weeks.

This visit comes less than four weeks before Trump is sworn in again as president, and amid his threats to impose a new 25 percent import tariff on Canada and Mexico over concerns about trade imbalances, illegal drugs, and migration issues at the borders. The broad strokes of Canada's new border plan were made public on December 17, including a new aerial intelligence task force to provide round-the-clock surveillance of the border, and improved efforts using technology and canine teams to seek out drugs in shipments leaving Canada.

LeBlanc and Joly's visit follows a dinner between Prime Minister Justin Trudeau and President Trump last month, where Trump first raised the notion of Canada becoming the 51st state. While LeBlanc has repeatedly insisted that this comment was just a joke, Trump has continued to make similar remarks on social media.


Labels:

Comments

Post a Comment