A Brief Report on the Real Estate Sector in Timmins, Ontario
Introduction Timmins, Ontario is an important economic hub in North East Ontario, with a population of around 43,000 and an industry driven by natural resources. The city’s population has seen little to no growth in the last decade, but due to the increase in gold prices, one of the economy’s most abundant resources, the real…
Read moreFinancial Literacy: How do You Score?
This Thursday will mark the beginning of Financial Literacy Month, a month to reflect about how much you know about the economy and finances and more specifically, your own personal balance sheet. Throughout November we’ll undoubtedly see a number of surveys and studies indicating the financial literacy of Canadians; but before they start coming in,…
Read moreA Brief Report on the Real Estate Sector in Chatham-Kent, Ontario
Introduction Known as the Classic Car Capital of Canada, Chatham-Kent is a municipality with a population of over 100,000 in Southwestern Ontario. The population has decreased a little since 2006, but the economical activity has not been affected. Chatham-Kent is known for many things but of them, the most prominent are its automotive industry, agriculture…
Read moreAre Mortgage Rules Really to Blame for the Cooling Housing Market?
If we ever hear from the Ministry of Finance in Canada, it’s usually Jim Flaherty, the Finance Minister, that we hear from. But, Michael Horgan, the Deputy Minister of Finance has recently spoken to business students at Carleton University in Ottawa, during which he shed some light on the Canada mortgage rules that went into…
Read moreA Short Report on the Real Estate Sector in Thunder Bay, Ontario
Introduction Thunder Bay is a highly populated city in North West Ontario, with a population of well over 140,000 people. Along with being a huge tourist attraction, the city is also known for its success in converting the local economy from one based on forestry to one that focuses on education and technology, while keeping…
Read moreForget about GDP, what about Quality of Life?
How good do you find life in Canada? According to results from the Canadian Well-Being Index, it’s probably about the same as it was during the recession. Even if our GDP and other economic indicators show that our country is faring much better than others in these global hard times. The Index takes into account…
Read moreOne-Quarter of Canadians will Go to War Over a Home
The amount of Canadians willing to enter a bidding war just to ensure they get the home of their dreams is declining. But the fact that one-quarter of homebuyers will still pay up to 20 per cent more for a home doesn’t bode well for the historically high levels of debt Canadians are currently in….
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