@Dave Foster is the expert in this world and could be a good resource you / your brother. 

I have dedicated my entire career to real estate in one form or function.. but having said that and having lived through 4 distinct now 5  distinct economic cycles or upsets.. you understand they are all different and you don't want to step over dollars to pick up pennies.. and alienating good tenants to me would be foolish just because you might have to forgo a couple grand and get it paid over time as things recover.. and if you cant afford 2 months payments on your rentals.. then that's your fault for being undercapitalized or taking on too much debt.. stuff happens.. we can all say well the tenant should be prepared.. but in reality its not the tenants investment its the investors they are the ones that need to be prepared.  

Besides crucial elections, international economic wars, and propped up currencies, people seem to be pulling back in fear of the unknown, which is how we get OVERHYPED.

With your continuous learning and searching with the help of other experts in the industry, over the next 4-6 months you’ll be ready to purchase your first (or next) property in NO TIME!

This is a result of the economic downturn after the corruption crackdown years ago: Odebrecht corruption scandal,m Petrobras scandal, & Operation Car Wash.

Giant, global, macro economic issues need to be dealt with right now, and if the giant credit bubble comes unglued, we could easily see r.e. values go to trend line.

My suggestion -- not my reasoned legal advice, merely a suggestion -- is that landlords should not make motions based on 'economic harm' unless they are prepared to back up, in detail, the nature and extent of both the harm and the urgency.

This crisis hasn't even arrived, economically speaking.

Even the experts in the market look like CMHC do not always properly predict what will happen in the future however you could look up their research to get a bit of an idea of the expectation  And if you’re buying just for your primary home then you are better to buy now rather than wait for a possible price decrease because that possible price decrease will happen as interest rates increase and that would mean that your monthly payment would actually be higher. 

I am not a tax expert, but one other thing you need to know, when you sell, there will be 20 percent withheld by the Gov for tax purposes for capital gains.