Billionaire Stephen Smith is like the Magnus Carlsen of the mortgage business—at the top of his game and always thinking multiple moves ahead. Starting from zero (he declared bankruptcy in 1984), Smith capitalized on various industry trends to methodically build a mortgage empire. Today, his holdings include stakes in

💡April's Amortization Simulator update is now live, complete with the market's latest forward rate expectations. See Tools to download. For the first time since 2021, the share of Canadian firms expecting year-ahead inflation over 3% is less than the percentage expecting 2-3%, reports BMO (chart below)

A gleaming luxury car in the driveway is a badge of honour for millions of Canadians. But for those on the hunt for home sweet home, flashier autos often equal humbler abodes. Most Canadians innately understand the tradeoff. They get that a swanky, depreciating vehicle means a slimmer wallet come