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July 1: Moving in Quebec | Tips and Tricks

Courtier Immobilier Montreal — Mon, 30 Jun 2025 18:06:00 +0000

Quebec mores

In Quebec, it has been customary for many years for the majority of leases to end on July 1. Although July 1st coincides with Canada Day, landlords have traditionally chosen this date to allow children to finish their school year without changing schools.

This year, on the occasion of July 1st, our real estate brokers and administrative team wanted to share their best tips and tricks for a successful move!

Things to remember

Change your property address:

Canada Post
RAMQ, SAAQ, your insurance company
Your financial institution
Service providers (Hydro Québec, Internet…)

Check elevator fee regulations:

If you live in a divided or undivided condominium, chances are you’ll need to reserve the elevator to facilitate your move. However, some condominiums charge a fee for this reservation. So it’s essential to find out in advance about the regulations in force in your building, to avoid any surprises on the big day.

Tips and tricks from our team

Veronica advises you to bring sufficient transport boxes to ensure that your valuables all have a designated place and can safely withstand the move! The trick is to use color coding to distinguish between items and their respective places in your new home.

Clara recommends one or more meditation sessions before the big day! Yes, moving has been proven to be one of the biggest sources of stress, so it can be very beneficial to take the time to rest and meditate in the days and hours before the movers arrive!

Frédéric advises you to reward the people who help make your moving day a successful and memorable one! Beers and pizzas are now a tradition for anyone who volunteers to help their loved ones on this big day! If you’re familiar with our team, you’ll know that Panzeria is our favorite address for succulent focaccia pizza and exquisite Italian dishes!

Finally, our team of real estate brokers recommends that you start by furnishing the kitchen, bathroom and bedroom. By prioritizing these essential rooms, you’ll quickly find your bearings and a certain comfort in your new home.

Happy moving to everyone!

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Financial repossession: advantages and disadvantages

Courtier Immobilier Montreal — Fri, 25 Apr 2025 19:54:41 +0000

If you’re looking for your new home, chances are you’ve already noticed the Repossession search criterion on Centris, which allows you to filter the properties involved in this type of procedure. To help you better understand this type of sale, our Montreal real estate team presents the main advantages and disadvantages associated of a financial repossession.

What is a financial repossession?

Repossession of finance, also known as mortgage foreclosure, is a legal process whereby a financial institution repossesses a property when the owner has failed to meet his or her payment obligations. In other words, if a homeowner stops repaying his or her mortgage for an extended period, the lender can take legal steps to repossess the property and put it up for sale to recover the sums owed.

However, this procedure is relatively complex and costly, often prompting lenders to offer homeowners a second chance. In most cases, the financial institution begins by sending a notice of default, followed by a letter of formal notice, before handing the file over to its foreclosure department.

When the property is seized, the financial institution calls in professionals to assess its market value. Once this step has been completed, the house is put up for sale on the market, usually through a real estate broker mandated by the lender.

The advantages of a financial repossession

Buying at a lower price

Since lenders generally wish to sell this type of property as quickly as possible, they are often marketed at a lower price than comparable properties. According to Centris, finance repossessions typically sell for 10% to 25% below market value.

Less competition

Not all buyers are attracted to this type of property. Indeed, finance repossessions sometimes require renovation work, which can dissuade some buyers who are looking for a turnkey home, ready to move into without repairs. This context reduces competition between buyers, which can be very advantageous in today’s real estate market.

Opportunity for value appreciation

Financial repossessions often require renovation work, providing an excellent opportunity to significantly increase their value. By carrying out well-targeted renovations, these properties can see their price rise significantly, offering attractive appreciation potential for discerning buyers. What’s more, for those with renovation skills who wish to carry out the work themselves, these properties represent an ideal opportunity to maximize their return on investment while reducing renovation costs.

Accelerated procedure

Since financial institutions are looking to recover sums owed rapidly, finance repossessions considerably limit protracted negotiations, speeding up the sale process and enabling the transaction to be completed in a shorter timeframe than a normal sale.

The disadvantages of a financial repossession

Buying without legal warranty

Since financial institutions do not have complete information on the property’s actual condition or maintenance history, finance repossessions are sold without a legal warranty. As a result, the buyer assumes full responsibility for the property’s condition, and has no recourse against the seller in the event of a hidden defect. In short, this type of transaction is carried out at the buyer‘s own risk.

Uncertainty about the state of the property

Some finance repossessions may show damage that occurred when the previous owners left, or require major repairs. What’s more, since creditors don’t have access to the property’s complete history, it’s crucial to carry out a thorough pre-purchase inspection. This step enables us to better assess the property’s actual condition and identify any work that needs to be carried out, thereby reducing the risks for the buyer.

Observing a lack of available information

Another major challenge when buying finance repossessions is the lack of information available. As creditors are not responsible for maintaining the property, it is often difficult for buyers to obtain details of the home’s history, repairs carried out or recurring problems. This lack of information can lead to uncertainty and increased risk for the buyer, who may end up having to invest much more than expected to bring the property back into good condition.

All in all, buying a finance repossession can offer considerable advantages, such as lower prices, less competition and the chance to make a profitable investment through renovations. However, it’s essential to weigh these advantages against the associated risks, such as uncertainty about the property’s condition and the lack of legal guarantees. Before embarking on such a transaction, it’s vital to fully understand the implications and take all the necessary precautions, including calling in experts for a thorough inspection. Being accompanied by an experienced real estate broker will enable you to benefit from sound advice and determine whether a financial repossession represents a wise investment for you.

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5 financial incentives for your renovation projects

Courtier Immobilier Montreal — Mon, 31 Mar 2025 14:03:00 +0000

Did you know that subsidies are available for work to improve your home’s ecological footprint?

This week, Jean-Vincent, residential and commercial real estate broker with YE/SARRAZIN, presents 5 programs available in Quebec to help you improve the energy efficiency of your property.

Hydro-Québec's Logisvert program

Hydro-Québec’s Logisvert program grants subsidies for various energy efficiency measures, such as :

– Roof insulation and caulking to limit air leaks (Get up to $1,500) :
– The purchase of an induction stove (Get up to $250) or a heat pump dryer (Get up to $250);
– Installation of a heat pump for heating or cooling.

For example, Hydro-Québec offers financial assistance of up to $6,700 for the purchase of a heat pump. The amount of the grant may be higher, depending on the efficiency of the appliance. However, all interested homeowners should check whether the heat pump model they wish to install is on the list of eligible appliances. In fact, this subsidy could reach up to $22,000 if homeowners install a central heat pump combined with a heat storage unit.

This program can be particularly advantageous, as heat pumps can reduce energy consumption and cut heating costs by up to 40% during cold weather.

Eligible properties include single-family homes, semi-detached homes, townhouses, condominiums, multiplexes and apartment buildings with 19 units or fewer. In addition, apartments located in a 20-unit residential building are eligible.

The federal government's CAMT program

The Affordable Conversion from Oil to Heat Pump (CAMT) program offers homeowners heating with oil the opportunity to switch to an electric heat pump heating system. This switch can result in substantial savings, with reductions of up to several thousand dollars on their heating bills. In Quebec, financial assistance is available up to a maximum of $10,000. Eligible properties include: single-family homes, townhouses, mobile homes, permanently moored floating homes, low-rise multi-unit residential buildings (MURBs) and multi-use buildings. However, to be eligible for this subsidy, you must meet the following criteria:

– Household income must be at or below the median after-tax income for the province or territory in which it resides (for example, in Montreal, it was $96,000 in 2022);
– The maximum eligibility threshold for a two-person household in Quebec is currently set at $78,775;
– The heat pump selected must be on the eligible list.

Did you know?

Heating oil is a non-renewable fossil fuel whose combustion generates large quantities of greenhouse gases. In fact, the Quebec government has banned the use of this type of heating in new construction as of December 31, 2021.

Quebec government's Rénoclimat

The provincial government also offers financial assistance to homeowners who wish to carry out work affecting insulation, building airtightness and the replacement of doors or windows. Dwellings eligible for the program include houses, duplexes, triplexes and multi-unit residential buildings, provided they do not exceed three storeys above ground and have a footprint less than or equal to 600 m².

To qualify for this program, you must request an energy evaluation of the property before any work is carried out, and a second energy evaluation after the work has been completed. Generally speaking, the more the work improves the airtightness of the building, the greater the amounts offered by Rénoclimat. For example, for changes to roof or exterior wall insulation, the amounts range from $50 to $3,750. For doors and windows, the financial assistance is $150 per gross opening.

The federal government's Canada Green Housing Loan

The federal government is also offering an interest-free loan of up to $40,000, to be repaid over a 10-year period by the homeowner. To qualify, applicants must have their property appraised before work begins. Work already completed, in whole or in part, is not eligible for the loan. As a general rule, the loan is paid out once the work has been completed. However, in exceptional cases, a portion of the loan may be granted prior to the work, to cover installation costs.

Municipal programs

In addition to the four programs mentioned above, several other municipal programs are available throughout Quebec to support energy efficiency work. It’s a good idea to consult your municipality’s website before undertaking any work, to find out what financial assistance you may be entitled to. In Montreal, for example, the RénoPlex program offers various subsidies for owners of 1 to 5-unit income properties, such as:

– 500 for the installation of a planted surface or honeycomb paving ;
– Over $9,000 for the installation of a watertight garage door;
– 352 to repair a crack;
– 88 per square metre for the installation of a green roof.

In short, there are a variety of programs for property occupants in Quebec, offering considerable benefits. However, it’s essential that homeowners take the time to find out all they can before starting any work, to ensure their eligibility and maximize the benefits of available subsidies. However, if you have any questions about these various subsidies, don’t hesitate to contact our real estate brokers in Montreal. They’ll be happy to answer all your questions.

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Key interest rate cut to 2.75% : A great opportunity for the real estate market!

Courtier Immobilier Montreal — Thu, 13 Mar 2025 14:02:49 +0000

Montreal, March 12, 2025 – The Bank of Canada has announced a further 0.25% reduction in its key policy rate to 2.75%. This marks the seventh consecutive reduction since June 5, 2024.

Source : Bank of Canada

Further decline in response to trade tensions between Canada and the United States

This decision comes in the context of growing trade tensions between Canada and the United States. Some economists predict that future tariffs imposed by the U.S. President, along with Canadian counter-tariffs, could put further pressure on inflation in Canada. This measure is largely intended to protect the Canadian economy from the impact of U.S. tariffs.

An opportunity for buyers and sellers!

Although some economists predict that this economic uncertainty could put off investors, it represents a real opportunity for buyers. Indeed, a reduction in the key interest rate generally leads to a drop in mortgage rates, making monthly payments more affordable and facilitating the repayment of home loans.

What’s more, this situation can also be advantageous for sellers, since with a greater number of buyers, properties should sell faster.

In conclusion, while this period can be stressful for some, it also offers many advantages for both buyers and sellers.

Sources :

Bank of Canada. https://www.bankofcanada.ca/core-functions/monetary-policy/key-interest-rate/

La Presse. https://www.lapresse.ca/affaires/economie/2025-03-12/la-banque-du-canada-devrait-annoncer-une-baisse-de-taux-d-interet.php

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Can a buyer move into a property before passing through the notary’s office?

Courtier Immobilier Montreal — Wed, 26 Feb 2025 19:33:46 +0000

Some buyers wonder whether it’s possible to move into their new property before going to the notary? It is possible to do so, but this situation is not ideal for several reasons. It’s essential to stress that the property remains the property of the seller until the notarial deed is signed. It is therefore essential to take the following points into account before giving your consent.

1. Legal risks

As the seller remains the legal owner of the property until it is signed at the notary’s office, this can sometimes cause problems in the event of a dispute. For example, if damage or incidents occur because of the buyer, liability could fall on the seller, even if the latter is not responsible for these incidents.

2. Insurance and coverage

For the buyer, it can be risky to move into the property before the notarial deed has been signed, as home insurance only takes effect once the deed has been registered. Consequently, in the event of a claim such as fire or flood, the buyer would not be covered. What’s more, the seller’s insurance policy cannot cover the buyer’s property or any damage caused by his presence before the notarized transaction is completed.

3. Unexpected changes

Although this situation is relatively uncommon, it is possible for a sale to fail, even after a promise to purchase has been accepted. Indeed, financing problems or the discovery of unforeseen elements during the inspection may prevent the transaction from closing. In this case, if the buyer has already begun moving in or carrying out work on the property, he could find himself in a tricky position.

4. Preserving the seller-buyer relationship

Letting the buyer take possession of the property before the official closing could lead to tensions or misunderstandings between the two parties. That’s why it’s best to wait until the sale has closed, to avoid potential conflicts.

In short, our team of Montreal real estate brokers advises against allowing a buyer to move into a property before signing at the notary’s office. However, should the seller be obliged to allow the buyer to occupy the premises prior to notarization, for whatever reason, it is strongly recommended that this agreement be formalized in writing. This should clearly specify: the duration of occupancy, the procedures to be followed should the sale fail, and the nature of the work the buyer plans to carry out.

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Spring Break: 5 must-do activities in Montreal

Courtier Immobilier Montreal — Wed, 19 Feb 2025 19:23:23 +0000

Spring Break is fast approaching, and you’re probably looking for activities to entertain your young children or simply spend some quality time together as a family. To help you, our team of Montreal real estate brokers has put together five ideas for activities to discover in the metropolis.

Skating in Parc La Fontaine | Plateau Mont-Royal

One of our team’s favorite winter activities is skating in Parc La Fontaine on the Plateau Mont-Royal. It’s the perfect place to rejuvenate in the fresh air while remaining in the heart of the vibrant metropolis, offering an ideal balance between nature and urbanity.

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Une publication partagée par Tati e Alan 🇨🇦 (@deux.montreal)

Participate in the Montreal International Children's Film Festival | Rosemont La Petite-Patrie

The Beaubien cinema in Rosemont is hosting the 28th edition of the Montreal International Children’s Film Festival, from March 1 to 9, 2025. A not-to-be-missed event to introduce your children to enriching and captivating Canadian and Aboriginal cinematographic works.

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Une publication partagée par FIFEM (@festival_fifem)

Discover the arts at Place des Arts | Ville-Marie

From March 5 to 8, 2025, come and enjoy a multitude of free activities at Place des Arts, including circus workshops, culinary workshops and arts and crafts sessions. A perfect opportunity to discover new leisure activities while sharing unforgettable family moments.

Discover the program here.

Source : Unsplash

Participate at the Montreal High Lights Winter Festival | Ville-Marie

Like every year, the Montreal High Lights Festival will take place in the Ville-Marie district from February 27 to March 9, 2025. Among the artists on the bill are Inhaler, Souldia, Pierre Lapointe and Milk & Bone. You can also take part in the famous Nuit Blanche on March 1, 2025.

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Une publication partagée par Nuit blanche à Montréal (@nuitblanchemtl)

Awarding the title of best hot chocolate in the city | Montréal

One activity that’s sure to entertain young and old alike is the quest for Montreal’s best hot chocolate. The YE/SARRAZIN team’s favorite is undoubtedly to be found in the Villeray district, at the Avanaa chocolate factory.

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Une publication partagée par Avanaa Chocolat (@avanaachocolat)

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5 shops to discover in Montreal for your Valentine’s Day gifts

Courtier Immobilier Montreal — Fri, 14 Feb 2025 18:18:29 +0000

This week, our team of Montreal real estate brokers invites you to discover 5 must-see addresses, ideal for finding original and thoughtful gifts to celebrate Valentine’s Day with your loved ones.

Les chocolats de Chloé | Plateau Mont-Royal

It was pure chance that our team discovered this little chocolate shop, nestled a stone’s throw from our office on the Plateau, attracted by its yellow façade, which instantly piqued our curiosity. Behind this charming façade lies a real nugget: a collection of chocolates as delicious as they are refined. Les Chocolats de Chloé offers several sweet treats to celebrate the festival of love, such as pretty chocolate hearts, available in different sizes and flavors, including matcha, milk chocolate, dark chocolate and caramel. This local boutique stands out for the exceptional quality of its handmade chocolate and the incomparable freshness of its creations.

Discover Les Chocolats de Chloé at 546 Avenue Duluth Est on the Plateau Mont-Royal.

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Maison la petite garçonne | Plateau Mont-Royal

La Maison de la Petite Garçonne is nestled in the heart of the splendid boutique 1861, located on Saint-Laurent Street in the vibrant Plateau Mont-Royal district. Since its creation in 2019, this local boutique has distinguished itself through its mission to shine the spotlight on Quebec designers and support women entrepreneurs, celebrating Quebec talent and innovation. This boutique is the perfect place to find a delicate gift that’s sure to touch the heart of your significant other.

Discover Maison la petite garçonne at 3650 Boulevard Saint-Laurent on the Plateau Mont-Royal.

Aesop | Plateau Mont-Royal

Our team of Montreal real estate brokers has fallen in love with this Australian boutique, nestled in the Mile-End district. Aesop specializes in body care products, and distinguishes itself by the irreproachable quality of its carefully selected products, and by the particular attention paid to their presentation. The boutique’s modern, welcoming atmosphere reflects the elegance and refinement of its collections, making every visit a unique and enjoyable experience.

Discover Aesop at 23 Rue Saint-Viateur Ouest on the Plateau Mont-Royal.

Les Voisines | Rosemont La-Petite-Patrie

Les Voisines is a charming boutique nestled in the heart of the Rosemont-La-Petite-Patrie district. It is distinguished by a meticulous selection of products, carefully chosen in three main categories: home decor, holiday accessories and stationery. Each item reflects the attention to detail of the two owners: Julie and Julia. For Valentine’s Day, our team has a small preference for this room mist from Quebec company Mimi & August.

Discover Les Voisines at 923 Rue Saint-Zotique in Rosemont La-Petite-Patrie.

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Avanaa | Villeray

Avanaa is an artisan chocolate shop located in Villeray, just a few minutes from Parc Jarry. Specializing in high-quality dark chocolate, this boutique offers a unique experience for true chocolate lovers. Each creation is carefully crafted from cocoa beans exported from small farms and cooperatives in Latin America. All stages of production are then carried out in the Villeray workshop. For Valentine’s Day, we invite you to discover our tasting workshop, a unique opportunity to learn more about the different stages in chocolate production. And why not round off your gift with one of our tasty chocolate bars, the perfect gift for your loved one?

Discover Avanaa at 309 Rue Gounod in Villeray.

While these shops are perfect for Valentine’s Day gifts, they also offer little extras for every occasion.

L’article 5 shops to discover in Montreal for your Valentine’s Day gifts est apparu en premier sur Courtier Immobilier Montréal Yanick E Sarrazin.

Plateau Mont-Royal | La Banquise or Ma Poule Mouillée? Two Iconic Montreal Poutines

Courtier Immobilier Montreal — Wed, 12 Feb 2025 14:07:19 +0000

In honor of Poutine Week, an annual event celebrated by many restaurants in Montreal, our real estate brokers decided to test two must-visit spots on the Plateau Mont-Royal: La Banquise and Ma Poule Mouillée.

Located across from each other on Rachel Street E, near La Fontaine Park, these two restaurants attract locals and tourists all year round. In the summer, takeout orders become especially popular as visitors settle in the park to soak up the sun while enjoying the greenery and a warm poutine.

One of the biggest questions new Plateau Mont-Royal homeowners often ask is: “La Banquise or Ma Poule Mouillée?”

Our brokers couldn’t resist and not only highlighted these two Montreal foodie landmarks but also took the time to test them out for lunch!

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La Banquise : 994 Rue Rachel Est

Located in the heart of Plateau Mont-Royal, La Banquise is a staple for poutine lovers. Originally founded in 1968 as a small 24-hour snack bar, it quickly made a name for itself thanks to its impressive variety of poutines. From classic versions to more indulgent ones topped with unique ingredients like bacon, sausages, or even guacamole, there’s something for every taste.

With its vibrant decor and friendly atmosphere, La Banquise attracts both locals and tourists looking for a quintessential Quebec experience. Whether it’s for a late-night craving or a comforting meal with friends, this spot is the perfect place to indulge in Quebec’s most famous dish.

Ma Poule Mouillée : 969 Rue Rachel Est

Right across from La Banquise on the Plateau is Ma Poule Mouillée, another essential stop—this time for lovers of Portuguese cuisine in Montreal. Famous for its charcoal-grilled chicken and spicy piri-piri sauce, this counter-style restaurant has built a loyal following, with customers gladly waiting in line for their turn.

One of its standout dishes is the legendary poutine, a creative twist on the Quebec classic. It features grilled chorizo, melty cheese curds, and a signature house sauce that blends Portuguese flavors with the indulgence of a traditional poutine. You can even choose between spicy or regular! With its generous portions and great value for money, Ma Poule Mouillée has secured its place among Montreal’s top food destinations.

Living on Plateau Mont-Royal: A Dream for Food Lovers and Architecture Enthusiasts

Living on Plateau Mont-Royal, one of the most sought-after residential neighborhoods in Montreal, means having access to an incredible food scene right at your doorstep.

Between its colorful facades, classic duplexes, triplexes, and single-family homes, the Plateau is packed with local shops, cozy cafés, and fantastic restaurants. Not to mention lush green spaces like Parc La Fontaine, which bring a touch of nature to this vibrant urban setting.

L’article Plateau Mont-Royal | La Banquise or Ma Poule Mouillée? Two Iconic Montreal Poutines est apparu en premier sur Courtier Immobilier Montréal Yanick E Sarrazin.

Rosemont La Petite-Patrie : a neighborhood with unique assets!

Courtier Immobilier Montreal — Fri, 31 Jan 2025 20:31:37 +0000

This week, Catherine, Director of Operations for our Montreal real estate brokerage organization, invites you to discover the little things that make the Rosemont La Petite-Patrie neighborhood so unique. She is a proud Rosemont resident for over 22 years, and describes her neighborhood as a suburb within the city, where calm, greenery and unparalleled accessibility come together.

Many properties are built on rock.

Most of Rosemont‘s properties are built on bedrock, which is particularly suitable for all types of construction, from cottages to condominiums and plexes. Rock keeps buildings more stable and reduces the risk of subsidence or ground movement.

Shoeboxes

If you’ve ever strolled through the Rosemont La Petite-Patrie neighborhood, you’ve probably noticed these small rectangular houses, known as “shoeboxes”. These single-family homes, built in the early 20th century, were originally intended to house the workers of the day. They are particularly common in the Rosemont and Villeray neighborhoods. A true legacy of the past, these properties contribute to the history of the neighborhood and have been subject to a moratorium on demolition since 2018. If you’re looking to renovate your shoebox, we recommend you read our article: Transformation and Expansion of Shoebox Houses: Can They Be Renovated?

Crédit : Studio Point de vue

Rosemont's abundance of green lanes

Rosemont is the Montreal borough with the largest number of green alleyways, with over 140 landscaped spaces. These alleyways offer many benefits, not least improving quality of life by encouraging neighborly interaction and helping to reduce urban heat islands. Where alleyways are not landscaped, they provide convenient parking, making it easier for Rosemont residents to find parking spaces.

An ideal neighborhood for families

Rosemont is a perfect neighborhood for Montreal families, offering a multitude of free activities in its parks during the summer. What’s more, the borough is home to several primary and secondary schools, making it an even more accessible and convenient place to live.

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A multitude of plexes

Although the Rosemont La Petite-Patrie borough is particularly popular with families, it is also a strategic choice for owner-occupiers and investors, due to the large number of plexes. These income properties offer numerous advantages to owners, such as tax incentives, attractive rental income and long-term financial stability.

Crédit : Studio Point de vue

In short, Rosemont is a great borough to live in, for many reasons, including its solid foundations, rich green spaces, access to free activities for children, as well as the opportunity to invest in real estate thanks to the presence of numerous plexes.

If you’re looking for real estate in Rosemont La Petite-Patrie, don’t hesitate to contact one of our Montreal real estate brokers today.

L’article Rosemont La Petite-Patrie : a neighborhood with unique assets! est apparu en premier sur Courtier Immobilier Montréal Yanick E Sarrazin.

The key interest rate is cut to 3%: A great opportunity for buyers and sellers!

Courtier Immobilier Montreal — Thu, 30 Jan 2025 14:30:58 +0000

Montreal, January 29, 2025 – The Bank of Canada today announced a further reduction in its key policy rate to 3%. The 25-basis-point cut is part of ongoing efforts to control inflation and move closer to the 2% target.

Further reduction in key rate in the face of US economic threats

According to economists, many expected the key rate to remain at 3.25%. However, with the possibility of the Canadian economy soon being severely affected by new U.S. trade tariffs, this uncertainty could pose a real challenge for the country’s economy.

Impact on the Quebec real estate market

Source : Bank of Canada

This new reduction is designed to adapt to changing economic realities, which could be seriously affected by the imposition of new business rates. On the other hand, this reduction could lead to lower mortgage rates, making home ownership more accessible for buyers.

This reduction in the key rate could have a positive impact on sellers, making it easier for them to sell their properties, as they are likely to sell more quickly. Indeed, a greater number of buyers would now be able to obtain mortgage loans, stimulating demand on the real estate market.

In conclusion, while this reduction is primarily intended to mitigate the effects of the new trade tariffs imposed by the United States, it could also benefit the Montreal real estate market. We encourage you to get in touch with our Montreal real estate brokers to make your next real estate project a reality.

Sources :

Bank of Canada. https://www.bankofcanada.ca/core-functions/monetary-policy/key-interest-rate/

La Presse. https://www.lapresse.ca/affaires/2025-01-29/banque-du-canada/le-taux-directeur-baisse-a-3.php

Le Devoir. https://www.ledevoir.com/economie/836992/annonce-taux-directeur-canada-retour-trump

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