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Category: Uncategorized

Category: Uncategorized

Unemployment skyrockets in Canada

April 14, 2020

COVID-19’s impact on the Canadian economy continues to grow in intensity. On April 9th, unemployment figures for the first two weeks of March were released by Statscan. The numbers were powerful. Canada lost just over 1,000,000 …

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Wondering if you can still sell or buy a home during the spring market this year?

April 7, 2020

Tembo Financial is here to support you while selling your home. We understand the uncertainty of the market right now, however, homeowners are finding creative ways to list and buy new real estate. Many homeowners are creating new way …

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What the province is doing to fight COVID-19

April 3, 2020

The province has also released a large $17 billion program to fight COVID-19 and to help cope with its impacts. Most of the cash will go to the health system and to support businesses, roughly $10 billion of the full amount will be ad …

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Stuck Inside?

March 30, 2020

Here is Tembo Financials list of what you can do while stuck at home! Puzzle: Puzzles are a great way to take up time while stuck inside at home. Take advantage of spring coming: With spring around the corner, make some time to get ou …

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Rents are roaring!

January 31, 2020

The latest data by Rentals.ca and Bullpen Research and Consulting shows that the average rent for a one-bedroom apartment in Toronto has hit $2,300, with a two bedroom going for just under $3,000. Nationally, average rents shot up by …

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What’s in the deal Trump signed with China

January 31, 2020

As the bombastic rhetoric turned to tough actions, the criticism, surprise, and even fear started to set in. Candidate Donald Trump was laughed at for his tirades against the Chinese winning at the expense of Americans, at the strong …

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Can you be denied a mortgage renewal?

January 29, 2020

Worried about being denied a mortgage renewal? Read this article to learn about reasons why your mortgage renewal could be denied & what to do about it. Being denied a mortgage renewal is possible and there are many reasons why th …

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Power of Sale: What is it and how to stop it

January 22, 2020

Power of sale can make it seem like you’re not in control of selling your home. Read this article to learn what it is & how to stop power of sale. Power of sale allows your lender to sell the subject property and be repaid f …

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Can you use your mortgage for home renovations?

January 16, 2020

Ever wondered if you could use your mortgage for a home renovation? Here is more information about the process and benefits of doing it! The simple answer is yes! You can use your mortgage for home renovations. In fact, many people do …

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A snapshot of Toronto’s economy & construction sector as we wrap up 2019

December 20, 2019

In this blog post, Tembo will give its readers an overview of the state of Toronto’s economy and its major financial indicators. In this way, Tembo hopes to reveal the overall good shape, flexibility, and versatility of Toronto& …

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What will happen in Washington?

November 22, 2019

We are rapidly approaching the 2020 U.S. Presidential election. What’s already been an eventful, heated, controversial, and at times militant last few years politically in the U.S. is only going to intensify. Donald Trump is fac …

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Ontario’s parliament resumes October 28th

October 30, 2019

After one of its longest recesses in history, the provincial PC government will be back at work when the Legislature resumes on October 28th. The PCs took many months off to rest and re-calibrate, and to allow the Federal election to …

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