CMHC reports annual pace of housing starts down in May compared with April Jun 17th
Mortgage Expert alert: Why Canadian housing seems unaffordable in 2026: A 35-year real estate disconnect + MORE Jun 5th
EQB mortgage book grows as credit recovery pushed into 2027 Jun 2nd
Desjardins sees mortgage growth drive stronger first-quarter earnings + MORE May 15th
Ottawa still “evaluating options” on mortgage income verification tool, CRA says
– canadianmortgagetrends.com
Agency says progress depends on funding and legislative approval, with timeline tied to future budget decisionsYou bought a home—should life insurance be next?
– moneysense.ca
That reality is driving more homeowners to buy life insurance soon after getting the keys. And increasingly, they’re choosing coverage that extends far beyond the remaining mortgage balance. At first glance, that might seem excessive. But a closer look suggests a shift: young Canadians may not be over-insuring, but rather finally insuring properly.
Of course, not every homeowner necessarily needs life insurance—particularly single buyers with no dependents—but for households that rely on multiple incomes, the financial stakes can be much higher.
Why buying a home changes your insurance needs
A mortgage doesn’t just add a hefty monthly payment; it introduces a new level of financial risk. If something were to happen to one partner, could the other carry the mortgage alone? Would they be forced to sell? Could they maintain the same standard of living?
These are the kinds of questions homeownership tends to surface…
