Condo developers urge big banks to ease presale threshold for financing
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Heuristic (v1/v3)
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ML v2 (DistilBERT)
0.000 · CENTER
Ensemble
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Article Excerpt
Open this photo in gallery: A construction worker on the site of a new condo development in Montreal in February, 2024. CHRISTINNE MUSCHI/THE CANADIAN PRESS COMMENTS SHARE SAVE FOR LATER Listen to this article Learn more about audio Log in or create a free account to listen to this article. Developers are calling on Canada’s biggest banks to make it easier for them to get financing to start construction on condo buildings. With the new-home market in the dumps and individual investors largely gone, developers have been struggling to sell enough of their projects’ units to qualify for construct…
Read full article at The Globe and Mail ↗
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May 30, 2026