Canada: Broker Use Rises in 2026 Mortgages

In Canada, mortgage decisions were described as more layered, and borrowers increasingly sought help with lender choice, affordability, and understanding available options.
First-time buyers were highlighted as especially likely to want process guidance and option comparisons when approaching a major borrowing decision in Canada.
Among non-owners expecting to buy within 2 yr, engagement with federal savings tools was stronger, suggesting earlier planning can help future buyers organize down-payment strategies.
Even with stronger engagement among near-term buyers, awareness stayed uneven overall, leaving room for more education before Canadians enter the market or compare mortgage products.
Later-life borrowing also remained a learning area, with limited familiarity around reverse mortgages, reinforcing why Canadians may benefit from informed guidance across different life stages.