November Starts Down in Much of Canada
The housing market continues to see the effect of tightening mortgage rules, as CMHC reported early in the week that housing starts have been down in November, compared to the month before. In October Canada saw a total of 203,487 starts across the country; but that number dropped to 196,125 in November. The reason? Builders…
Read moreProtecting Yourself from Shill Bidding at Online Auctions
Just yesterday we gave you 25 ways to save money on Christmas shopping and today, we’re going to tell you about a few ways you can protect yourself from online auctions. This is something that’s going to become even more important as many people shop online for items and need to keep themselves – and…
Read moreHow Affordable is it for First-Time Buyers to Buy a Home Now?
When the latest round of mortgage rule changes went into effect this past summer, there was a lot of worry surrounding first-time homebuyers and how these rules would affect them. But that was several months ago, when prices were still skyrocketing and didn’t show any signs of slowing down. Now the rules have had their…
Read more25 Ways to Save Money this Christmas
Now more than ever Canadians need to stand up and actually pay attention before they pull out their credit cards this season. With our household debt levels at all time highs, this year is the one to get crafty, find cheap gifts, and remember that Christmas is not about presents! Here are 50 ways that you…
Read moreIs Mike Harris Responsible for the Toronto Condo Boom?
Mike Harris was known as a lot of things during his time as Premier of Ontario. Many considered him to be the province’s saviour who pulled us out of our huge deficit and actually saw us running a surplus for a few years in the 90s. Others, especially at the time, saw him as the…
Read moreCAAMP Heads to Ottawa to Make Case for Revisiting Mortgage Rules
It was just a couple of weeks ago when we spoke of how CAAMP was unhappy with the mortgage rules that were put into place this past summer, and that they believed they were having an extremely detrimental effect on the economy. Now, no longer happy to settle for just a report stating the harm…
Read moreBoC says Low Interest Rates Big Risk, but will Keep Them Low
A lot of people have criticized Mark Carney and the Bank of Canada for keeping the interest rates at near rock-bottom lows, then turning around and warning us all about taking on too much debt. But amid the cries of some, pleading with the central bank to raise their rates, the bank has not gone…
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