More Law Suits Over Condos
Back in November we talked about how Trump Tower developers in Toronto were suing investors for backing out of the purchase of their condo units. But, a case in Vancouver involving former Prime Minister Kim Campbell, shows that lawsuits can go both ways. And sometimes, the purchasers of those condos can also sue. That was…
Read moreAre You Paying Your Taxes?
An issue has cropped up on the Canadian economic horizon, and it’s one that often goes unnoticed, or at least, isn’t talked about all that often. It’s tax evasion. And it’s costing the Canadian economy “tens of billions” in revenue. That’s a major concern, as Canada is currently in trouble when it comes to the…
Read moreTo Build or Buy Your Home? The Pros and Cons of Each
When you’re looking for a new place to call home and you know you want to buy a brand new one, you have two options: you can search the market looking for that one that seems as though it was made for you, or you can build one that actually was. So, what’s the best…
Read moreHousehold Debt Reaches All-Time High
Yep, it’s that same old story again. Our household debt is higher than it’s ever been, and while the Bank of Canada is taking the time to congratulate us on the fact that the amount of our credit accumulation is stabilizing, it can’t be denied that it’s still climbing- even if it’s at a slower…
Read moreMoney Talks: Volume 16
With all kinds of talk going on this week about mortgages, real estate, and just other financial topics in general, let’s get right into this week’s edition of Money Talks! Personal Finance Debt is a huge issue for everyone these days, but there are lots of ways to get out of debt. Financial Highway gives…
Read moreIs the Return on an Education Worth the Money You Spend for It?
Education is one of those things that, theoretically, should be considered to be “good” debt. But, facing today’s interest rates placed on these loans (5.5% is the current average rate until the rates increase,) and the fact that tuition is growing well above the pace of inflation (5% and 2% respectively,) it can sometimes be…
Read moreDifferences between CPP and OAS
A lot of Canadians made a lot of noise last year when Federal Finance Minister Jim Flaherty announced that those younger than 54 would need to wait another two years before they received any government assistance as they got older. The Old Age Security (OAS) benefit was being pulled back from 65 to 67, and…
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