MCAP Blog

Spring is in the air – a time when Canadians look forward to warmer weather, more daylight, and the welcome disappearance of snow and ice. But the change in seasons isn’t just something that happens in nature. It’s a cue for homeowners to refresh and maintain their homes. After months of harsh winter conditions, a little attention now can get your home ready for the season ahead. The checklist below covers some important spring home maintenance tips to help you tackle essential tasks and keep everything running smoothly.

For those in construction development, whether a small-scale build or a large-scale project, it is important to understand the significance of construction liens and the role of holdbacks. Ensuring everyone involved in a project is paid promptly is an integral part of a successful project which is why it’s important to know how these two aspects come into play.

As the lending landscape in Canada continues to evolve, it’s important for borrowers to stay informed of any changes in the Canada Mortgage and Housing Corporation’s (CMHC) application requirements to avoid delays or issues with their applications. Last fall, the CMHC announced changes to their multi-unit applications that will impact those applying for funding. One of those changes relates to the submission of operating cost invoices. Let’s take a look at what this change means and how it will affect multi-unit applications going forward.

If you have a mortgage, chances are you’ll have to renew your mortgage contract a few times before your mortgage is paid off. Mortgage renewals are a typical part of the mortgage lifecycle, but many homeowners are caught off guard when it’s time to renew.

Every year on March 8th, International Women’s Day (IWD) is celebrated around the world. Originating in 1911, IWD focuses on furthering women’s rights, promoting equality and advocating for change.