Mortgage renewals mean housing takes up 50% of many Canadians’ budgets | Unpublished
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Source Feed: Global News - Canada
Author: Uday Rana
Publication Date: August 11, 2026 - 12:40

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Mortgage renewals mean housing takes up 50% of many Canadians’ budgets

August 11, 2026
Canada is in the middle of its largest wave of mortgage renewals, with many Canadians seeing their housing budgets go up, a new survey has found.


Unpublished Newswire

 
Three Ontario byelections delivered status quo results on Thursday night, with the Progressive Conservatives holding two ridings and the NDP retaining the third. The victories in York-Simcoe and Hamilton East-Stoney Creek were a bounce-back of sorts for Premier Doug Ford, who suffered a string of dismal poll results in the spring after the ill-fated purchase of a private jet for his travels and an MPP expense scandal. Ford’s popularity has jumped recently after he took a leading role in a very public fight with U.S. President Donald Trump over tariffs and trade. Jeff Beattie, a...
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