Numbers reflect higher borrowing costs and uncertainty about the economy
Average cost of a detached home in the market rose 4.8% year over year to top $1.4 million
Tax tips when tapping the Bank of Mom and Dad
Experts urge caution with this approach
Many current homeowners also feel financial pressure, Canada Life survey suggests
A Manulife survey also found that two-thirds of Canadians don't view homeownership as affordable
CIBC's Jamie Golombek breaks down how the new account will work
CRA outlined credits, rebates and reporting requirements
Prices for entry-level condos in downtown areas are attractive
Polls suggest Canadians could incur significant costs during Covid-19