Canadian Mortgage Professional

10/07/2025

Be part of BMO’s trailblazing journey! Meet Barbara Cook and Paula Oliveira—two leaders rewriting the map to success and opening doors for the next generation of women in mortgages. Dive into their stories of resilience, inclusion and purposeful leadership.

Two of the bank's employees are rewriting the map to success and giving other women the chance to follow in their footsteps

10/07/2025

As the USMCA review nears, BMO’s Aaron Goertzen warns that even mild tariff scenarios could slow Canada’s growth. He forecasts GDP gains of just 1.3% through 2026, with the Bank of Canada likely cutting rates to 2% to cushion the blow.

BMO analysis outlines scenarios for Canada as USMCA review looms

10/07/2025

While Canada’s trade standoff with the US continues, Rasha Ingratta of Shop Mortgages sees optimism returning to housing. She notes rate cuts have boosted affordability and highlights the value of clear, supportive mortgage advice during volatile times.

There’s no end in sight to the US-Canada tariff tussle – but mortgage market watchers aren’t panicking

10/07/2025

A new chapter in Canadian mortgage brokering begins today. Mohinder Pal Singh and Kuljit Singh, Co-Founders & CEOs of AKAL Canada, unveil AKAL — a national turn-key ecosystem empowering brokers to build profitable, scalable enterprises under the Driving Success Together™ promise.

📣 Discover how AKAL Canada can elevate your brokerage success.

25 Years Strong: AKAL Canada a turn-key ecosystem that helps build profitable, scalable brokerages

10/06/2025

GTA home sales rose 8.5% in September after the Bank of Canada’s rate cut, TRREB reported. Despite stronger activity, prices fell 4.7% year-over-year as buyers gained leverage in a market with ample listings.

On a seasonally adjusted basis, sales were up from August, while new listings declined

10/06/2025

Celebrate your workplace culture! Submit your company for CMP’s Top Mortgage Employers and showcase why your organization is an employer of choice. Entries close October 24.

Submit your entry here: https://hubs.la/Q03Mq3F10

10/06/2025

Prime Minister Mark Carney will head to Washington for discussions with President Donald Trump on trade and economic cooperation. The talks come amid ongoing tariff disputes and preparations for the 2026 North American trade review.

Canadian prime minister and US president to resume talks on ending tariff dispute

10/03/2025

RBC Economics reports six straight quarters of improved housing affordability in Canada, but Robert Hogue warns gains will slow as income growth cools and rate cut effects fade. Regional disparities persist, with Vancouver and Toronto remaining least affordable.

Six quarters of improvement may be nearing an end as headwinds mount

10/03/2025

At the Canadian Mortgage Summit, speakers urged brokers to mine demographic opportunities. From multigenerational housing to reverse mortgages, panelists including Imran Thaver and Sushanta Sen stressed flexibility, education, and client-first strategies.

Changing demographics, economic storm clouds and other factors are all giving brokers and lenders food for thought

10/03/2025

TRREB President Elechia Barry-Sproule says the Bank of Canada’s September rate cut boosted affordability and spurred GTA sales, though prices slipped as buyers gained leverage. Jason Mercer adds further cuts could align payments with incomes.

On a seasonally adjusted basis, sales were up from August, while new listings declined

10/03/2025

Jessica Yang of Neighbourhood Holdings shares how brokers can thrive by aligning their outreach with seasonal borrower behavior—from summer relocators to spring first-time buyers. With renewal waves, debt consolidation spikes, and policy shifts on the horizon, timing isn’t just important—it’s everything.

How to thrive by anticipating market shifts and aligning your approach with the mortgage calendar

10/02/2025

Celebrating 25 years of broker success, AKAL Mortgages has officially evolved into AKAL Canada—Launching a national, full-service ecosystem built to turn mortgage professionals into Brokerpreneurs.

Join Mohinder Pal Singh and Kuljit Singh as they unveil Driving Success Together™.

25 Years Strong: AKAL Canada a turn-key ecosystem that helps build profitable, scalable brokerages