Today is Last Day to Take Advantage of BMO’s Five-Year Mortgage Deal
Although it’s certainly not the reason for BMO’s announcement, this is certainly news that’s going to make Finance Minister Jim Flaherty happy. The bank will be ending their discounted offer of 2.99 per cent five-year mortgages that it announced earlier this month. As now stated on the bank’s website, that rate will only be available…
Read moreWhat is Farm Credit Canada?
Just this morning we talked about the fire Finance Minister Jim Flaherty is coming under for blaming the banks for irresponsible lending, while giving Farm Credit Canada (FCC) free reign with farm mortgages. With so much criticism surrounding another separate Crown organization lately, the Canada Mortgage and Housing Company, many don’t even know about the…
Read moreShould Flaherty be Pointing the Finger at Himself?
Finance Minister Jim Flaherty certainly stirred the pot earlier this month when he started calling on the different banks and lenders in Canada and telling them to increase their mortgage rates. He took a heap of criticism for the move, with just about everyone coming out of the woodwork to tell the Flaherty that such…
Read moreWhat Makes Alberta such a Great Place to Live?
Just yesterday we talked about what a great place Calgary is to live – #1 according to MoneySense, and in fact, how all of Alberta seems to be thriving, with Edmonton showing up as #3 on that same MoneySense list, and St. Albert making an appearance as Canada’s best small town. But what makes Alberta…
Read moreHighlights from the 2013 Federal Budget
When Finance Minister Jim Flaherty unveiled the Conservative government’s 2013 budget in Parliament last week, it was widely believed that it was going to be made up of cut after cut after cut. The Conservatives, and Mr. Flaherty himself, have been extremely vocal about bringing the country’s books back into balance by 2015. But while…
Read moreDon’t Believe Negotiating a Better Mortgage Rate is Worth It? Check out these Stories
The Globe and Mail recently surveyed more than 300 mortgage holders throughout Canada to ask them whether they took their lender’s posted rate when they applied for their mortgage, or whether they put their bargaining skills to the test and tried to negotiate for a better rate. The results are surprisingly, and encouragingly, high – with…
Read moreCalgary Named best Place to Live in Canada!
MoneySense has released their annual survey of the best places to live in Canada, based on data collected from 200 cities. This year, Ottawa, the capital city that has held the top spot for the last several years in a row, loses its place as it makes room for Calgary – the new top spot…
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