The Second-Hottest Canadian Condo Market
You can’t go anywhere these days without hearing of the overheated condo market in Toronto. And the numbers in the future forecast don’t look much better. So where’s the good news for investors? Are condos completely out now as an investment altogether? It’s important to remember that while areas like Toronto and Vancouver were once…
Read moreMoney Talks: Volume 29
Personal Finance This week Gail Vaz Oxlade wants to remind you about the saving marathon. Lots of families are a two-income household. But is that really better? Everyday Money takes a look. It’s Father’s Day this weekend! How much are you spending on dad, and how does it compare with RateSupermarket’s national average? Canadian Finance…
Read moreHow do IBM Layoffs Signal a Technology Boom in Ottawa?
More and more companies seem to be taking part in massive, across-the-board layoffs lately. We first saw it when RIM laid off thousands, and then when HP laid off tens of thousands of people from their company. Now there’s another company within the technology sector that’s also planning massive layoffs – IBM Corp., who are…
Read moreAre You Surprised that Condos are still the Most Affordable?
It wasn’t that long ago that we reported that baby boomers are looking towards home renovations rather than selling off the family home and downsizing when they’re older. A new survey from BMO Capital though, shows that may not be the case after all. And that older clients are now looking towards super affordable condos….
Read moreDo Outlet Malls Help Stop Cross-Border Shopping?
Canadians may be cross-border shopping when it comes to American real estate faster than ever, and that may be a good thing for economies on both sides of the border. But that doesn’t necessarily mean that provincial or federal governments want our other consumer dollars going over there, too. That issue has been brought to…
Read moreOttawa to Impose Taxes if U.S. doesn’t Reconsider COOL Practice
Just two weeks ago we talked about the meat controversy surrounding meat that is shipped from Canada to the United States. The U.S. wants to start once again using COOL – Country Of Origin Labeling – practices on their meat. These labels would tell consumers where their meat was raised, slaughtered, and packaged, so U.S….
Read moreBuying a Home? Make Sure Repairs are Dealt with Before Closing
Ideally, you’d walk into a home you’re considering purchasing, fall in love with it just the way it is, and buy it. No problems, no clauses or conditions to rely upon, just an easy deal with no bumps in the road. Unfortunately, that rarely happens. And if there are repairs that need to be made…
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