Are You Living Paycheque to Paycheque?
According to a new survey conducted for the Certified General Accountants Association of Canada, over one-third of Canadians say that after they’ve paid their monthly bills, there’s almost no money left. And of those Canadians living paycheque to paycheque, Ontario sees the most. The survey was done to see how comfortably people are living, and…
Read moreFinance Minister Sees Cooling as a “Good Thing”
Ever since Finance Minister Jim Flaherty tightened mortgage rules once again last summer, many Canadians have been waiting for the day when he sees his glaring error and comes asking the public for their forgiveness. As of yesterday, those critics will be disheartened, as Mr. Flaherty does have some very emphatic thoughts on the housing…
Read moreShould Telus be Allowed to Break the Rules?
The sale of the smaller mobile communications company, Mobilicity, to the mega-giant, Telus, is one that’s been widely talked about in Canada for several weeks. While the sale was supposed to go through just over a week or so ago, things have stalled. The problem? There’s a rule set out by Industry Canada that don’t…
Read moreJulie Dickson will Resign from Post as OSFI Head in 2014
Anyone who’s been following the Canadian housing market over the past year is familiar with the name Julie Dickson. She’s the current head of the watchdog organization, the Office of the Superintendent of Financial Institutions (OSFI,) and as of next year, she’s stepping down from her post. It was last week when media relations head…
Read moreDo You Have Maple Moolah?
Canadians are resistant to change, and if you don’t believe us, just look at the controversy surrounding the new bank notes the Bank of Canada has been unleashing since late last year. The newest controversy in the bank note debacle? Whether or not those notes smell like maple syrup. The Bank of Canada has received…
Read moreThe Greenest Home in the Country
If you have solar panels on your roof, a windmill in your backyard, and nothing but energy-efficient appliances in your home, you may think you’ve been doing a pretty good job of keeping your home green. But once you see the greenest home in Canada, which is to be unveiled today, you might think that…
Read moreCanada Guaranty Finds New Way to Award Green Homes
Canada Guaranty is doing something that’s going to make mortgages and mortgage insurance more affordable for homeowners; and that will benefit the environment, too. They’re going to start giving rebates for energy efficient homes! Under the new program, homeowners who either purchase an energy-efficient home, or that obtain home renovation financing to make energy-efficient improvements…
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