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A Brief History of Interest Rates in Canada

March 6, 2017

On March 1, 2017, the Bank of Canada announced its benchmark interest rate of 0.50% would remain unchanged for the foreseeable future. Bank of Canada Governor Stephen Poloz cited uncertainty in the Canadian and global economies and th …

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Still Renting? The Financial Benefits of Owning a Home

March 2, 2017

There’s no place like home. It’s a place for family; a place to make lifetime memories- and a place to bring in the bucks. From the tax benefits, to good ol’ fashioned financial stability, the financial benefits of home ownershi …

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Why You Should List Your Home This Winter

January 17, 2017

Many are under the impression that winter is not the right time to list your home.  With all the mess of snow, cold weather and poor driving conditions, there aren’t many factors to motivate you to get your home ready for sale. The …

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Your Dream Home Wish List: Needs vs. Wants

December 21, 2016

With the holidays fast approaching, perspective home buyers are writing their dream home wish lists, just as their kids develop their wish lists for Santa. When it comes to buying real estate in Toronto, not all home buyers are able t …

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Buying A Home: Building Permit Status

December 8, 2016

What is a building permit? A building permit in Toronto is a document granting formal permission to begin construction, demolition, addition, or renovation on your property. In order to obtain a building permit, an application must be …

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Financial Literacy Month: Week 4

November 22, 2016

To wrap up our spotlight on Financial Literacy Month for November, we’re keeping our focus on prevention as we look at the necessity of emergency savings. An emergency savings fund is put in place so that no matter the unexpected si …

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Financial Literacy Month: Week 3

November 16, 2016

For this week of Financial Literacy Month, we focus on a key aspect of financial knowledge: Fraud. Fraud can take place on many platforms, including identity fraud, debit card fraud, credit card fraud, email and phone fraud, real esta …

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Financial Literacy Month: Week 2

November 8, 2016

Financial Literacy Month for 2016 has the Financial Consumer Agency of Canada looking to raise awareness about managing debt, saving, and understanding the rights and responsibilities that come with being a consumer in Canada. In week …

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Financial Literacy Month: Week 1

November 1, 2016

In Canada, November marks Financial Literacy Month. For 2016, the Financial Consumer Agency of Canada is looking to raise awareness about managing debt, saving, and understand the rights and responsibilities that come with being a con …

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Move-In Checklist: The First Steps to a New Home

October 26, 2016

Congratulations! You’ve officially moved into your new home. The paperwork has been signed, the keys have been handed over…now what? At this point in your homeownership journey it might seem a little overwhelming, but we’re here …

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Improving Financial Literacy: Ontario and Beyond

October 14, 2016

Last week, Quebec’s education minister Sebastien Proulx introduced a plan to incorporate a mandatory economics course starting next September in Quebec high schools. This course aims to provide students with a working knowledge of f …

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New Mortgage Insurance Regulations: What They Mean and Who They Affect

October 6, 2016

Effective October 17th, 2016: The qualification rate (or “stress test”) will now apply on ALL insured mortgages (including high and low LTV 5-year fixed terms) What this means for homebuyers/homeowners: The “stress tests” mean …

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