Are You Real Estate Obsessed?
If you’re like the average Canadian, the chances are good that you’re obsessed with real estate. At least according to the latest poll, anyway. A new survey was done by Zoocasa, an online search engine focused strictly on real estate, to see just how much Canadians think about real estate, and if we’re really as…
Read moreMoney Talks: Volume 30
Personal Finance The chances are good that you haven’t been able to get away from Visa’s Smallenfreuden commercials. This week Boomer & Echo defends the idea. Wondering about Scotia’s Scene card, but don’t know if it’s worth it? The Canadian Finance Blog breaks it down this week. Real Estate Good for investors, bad for tenants….
Read moreStephen Poloz Says it’s Time for Businesses to Step Up
During Stephen Poloz’s first interest rate announcement as the new Bank of Canada governor, he was far less hawkish about interest rates and household debt than his predecessor, Mark Carney, ever was. But while Poloz might have a soft stance on those households at the moment there’s one area in which he and Carney agree…
Read moreDo You Look Like the Typical Bankrupt Canadian?
Of course no one can tell just by looking at you if you’re going to go bankrupt at some point in your life. But bankruptcy trustees Hoyes, Michalos & Associates just searched through hundreds of bankruptcy filings from 2011 and 2012 to try and determine what the typical bankrupt Canadian looks like, and what groups…
Read moreThe Cash Store Taken to Court by Ontario Government
It’s not the first time a provider of payday loans has been taken to court, and we have a feeling it won’t be the last. This time it’s The Cash Store that’s under fire, and the way they are distributing their payday loans. The application for legal action to begin was made on June 7…
Read moreNewfoundland and Labrador to Outperform other Provinces for Next 2 Years
Newfoundland and Labrador are the places to be right now, as they’re expected to lead in economic growth for 2013 and 2014! During our mini-series on provincial debt, we saw that Newfoundland and Labrador was in trouble. Seeing a huge decline in one of their main resources – fishing – in the early part of…
Read moreThe Hottest Canadian Condo Market for Investors
Yesterday we talked about how, despite the risky markets in Toronto and Vancouver, there are still some great markets around the country for the investor. Yesterday we looked at the condo market in Montreal, the second-hottest market overall. But where’s the absolute best place for investors to put their money right now? Those looking to…
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