A real estate agent in Brampton, Ont., is warning her colleagues about what she described as a “shady character acting as a buyer” who allegedly asked her for a late-night meeting and a ride in his car. Anna Powell, a real estate agent for Re/Max Realty Services Inc. in Brampton, posted a warning on Facebook about her encounter with a […]
Storm pushes half-built homes over in Brampton
Heavy winds and strong rain wreaked havoc in Peel region on Wednesday evening, causing trees to fall and even homes under construction to blow over. Jay Reddy, 38, was finishing up work Wednesday night at his job as a civilian employee with Toronto Police when he heard media reports about the damaged homes. He never […]
Penguin swims 5,000 miles every year for reunion with the man who saved his life
This heartwarming story has come from a beach in Brazil. It’s the story of a South American Magellanic penguin who swims 5,000 miles each year to be reunited with the man who saved his life. Retired bricklayer and part time fisherman Joao Pereira de Souza, 71, who lives in an island village just outside Rio de Janeiro, […]
When foreign buyers abandon Canadian housing
There is little doubt that overseas money has had an impact on the high cost of Canadian real estate. Even the Canada Mortgage and Housing Corporation appears to have conceded the fact. In a speech this week, CMHC president Evan Siddall said that despite having poor data on foreign ownership, it was likely pushing up the price of Canadian housing. There are two […]
Foreign home buyers – How other countries limit money from abroad
It was revealed this week that the Canada Mortgage and Housing Corporation is trying to keep tabs on foreign money in Canada’s residential real estate market. The national housing agency has come under fire in recent years for a conspicuous lack of reliable data about the money coming from abroad and how it may […]