How Financially Smart do You Think You Are?
Well the results from the RBC Canadian Consumer Outlook Survey were released, showing just how financially smart Canadians think they are – and how they think the rest of the country compares with those smarts. The results are shown in the graph below and, as you can see, if any of us needs financial advice…
Read moreA Look at the Oversupply Problem in Toronto
There are many varying opinions regarding the oversupply problem in Toronto. Is there one? Isn’t there one? It seems that it depends on who you ask. But, Macleans has put together stats and figures that make the Toronto oversupply problem fairly hard to deny. First, a look at the number of housing starts and sales…
Read moreFood Prices Going Up, See Which Items will be Hit Hardest
Canadian Business recently ran this infographic showing how food prices are about to go up, and which foods are going to be hit with the highest increases. The infographic is outstanding, and really does give you an idea of which foods will be the most expensive in the months to come and therefore, which foods…
Read moreThe Benefits of Owning a Home
Yes, the price of homes in Toronto is still high, despite the changes made to mortgages in Ottawa. And yes, unless it’s condos you’re looking at, supply has become limited. This, along with fears that interest rates are going to rise in the next several years while those same home values decrease, all add up…
Read moreGrey Divorce Numbers Rising, Leaving Many Unprepared
The numbers that were released by Statistics Canada a couple of weeks regarding the latest census study continue to unveil some interesting facts about the makeup of the nation; and how we’re living our lives. One of the latest reports focuses on the numbers of senior citizens that have recently divorced. The numbers show that…
Read moreIs TREB Abusing Its Power?
Wow, this is one that’s going to spark some debate. The Toronto Real Estate Board is facing some very heavy allegations after a U.S. expert on competition and antitrust issues released a report saying that TREB is engaging in practices that are harmful to homebuyers and consumers, and deny them the power of knowledge and…
Read moreGo Out for Dinner, Without Breaking the Bank
Just this morning we wrote about how debt levels are growing in Canada, and how Canadians are becoming less and less concerned about it. But people usually become indifferent about their debt because they don’t see it as a high priority. Or at least not as big of one as keeping their creature comforts. One…
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