Canada’s Household Debt Levels Continue to Rise
When Canada’s household debt numbers got revised to 163% earlier this fall, it was hard to believe that they could climb even higher. But, with Statistics Canada releasing their latest stats earlier this week, it’s evident that’s exactly what happened. And that now is the time for Canadians to get their debt under control. Something…
Read moreMoney Talks: Volume 4
Welcome to another edition of Money Talks! This week we look at the number of condos being turned into rented apartments, the good news for unemployment in the country, as well as all the money tips you could ask for – at a time of year when everyone needs them! Without further ado, here’s a…
Read moreWill the U.S. Fall Off the Fiscal Cliff?
Things with the fiscal cliff the United States seemed to look good. After the news of it blew up around the world, the two sides fought and fought some more before coming together and having what seemed to be a real heart-to-heart. President Obama was photographed slapping Republican House Speaker, John Boehner, on the back…
Read moreMove Over Arizona, here Comes Palm Springs!
Maybe it’s a place you remember from your wilder days of youth. Or maybe you’ve always just known that you want an exotic little getaway for you and your family in the colder months. Whatever the reason, Palm Springs is becoming a huge destination point for Canadians – and Canadians looking to make the investment…
Read moreShould Toronto Public Schools Sell Playground Land for More Condos?
Land is running short in Toronto, while the amount of condos is running high – and each condo is being built higher than the next. So where does the idea come from to start selling the playground space in the city? Space that currently belongs to public schools, where children and families play? It’s an…
Read moreDo You Know About the Healthy Homes Renovation Tax Credit?
So often when we talk about home renovations we’re talking about adding on a new room for your own enjoyment, or ripping up the lino floors because you just can’t stand them for one more second. We also often talk about home renovation financing, and how you can use the equity in your home to…
Read moreNovember 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…
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