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Latest News
How to make the most of your compensation Jun 20th
How much money do you make? Many people zero in on their paycheques when considering their compensation. Yet experts say workers should regularly check that they’re taking advantage of vacation time and other benefits, lest they leave money on the table.
Employees often receive other cons.... More »
How to stake Cardano (ADA) in Canada + MORE Nov 12th
Like other cryptocurrencies, ADA, the native coin of the Cardano blockchain, has been in a bear market since October 2021—meaning a recent pattern of price declines. Despite this downturn in crypto prices, Cardano seems to be a strong player among the public blockchains that offer smart contract f.... More »
Do you need long-term care insurance? Aug 12th
No offence to any of us but, as a country, we’re getting old. The average age of a Canadian in 2024 was 41.6 years, according to Statistics Canada, and by 2030, one in four Canadians will be 65 or older.
That means there’s a growing demand for health services and long-term car.... More »
Scotiabank Gold American Express Card review Jan 12th
The Scotiabank Gold Amex combines some of the best aspects of a travel card with the ability to participate in the Scene+ Rewards Program. For a modest annual fee, you’ll enjoy considerable insurance coverage, some travel perks, and the ability to earn up to 6 Scene+ points per $1 spent.
Who is.... More »
A guide to mortgage calculators Jan 23rd
Owning a home can be a powerful wealth-building tool, but it can also be expensive when you account for the mortgage payment, property taxes, insurance, utilities and maintenance.
To get a clear picture of how a home purchase impacts your finances, you’ll need to determine what purchase price y.... More »
Desjardins, provincial credit unions and Cumis partnering to create Aviso Wealth
– canadianbusiness.com
TORONTO _ Quebec credit union Desjardins Group is partnering with five credit union centrals across the country and insurer Cumis Group Ltd. to form Aviso Wealth, with over $55 billion in combined client assets.
The new wealth management company will bring together the businesses of their subsidiaries, Credential Financial Inc., Qtrade Canada Inc. and NEI Investments.
Leading the new organization as chief executive will be Bill Packham, CEO of Qtrade Canada Inc. It will have its main offices in Toronto and Vancouver.
Aviso Wealth will be jointly owned by Desjardins and a limited partnership including the Atlantic Central, Central 1 Credit Union, the Credit Union Central of Manitoba, the Credit Union Central of Saskatchewan, the Credit Union Central of Alberta and Cumis.
The credit union centrals represent approximately 300 credit unions across Canada. Ontario-based Cumis is owned jointly by Co-operators Life Insurance Co. and Central 1 Credit Union.
The transaction is expected to close in the first quarter, subject to regulatory approval and customary closing conditions…
The new wealth management company will bring together the businesses of their subsidiaries, Credential Financial Inc., Qtrade Canada Inc. and NEI Investments.
Leading the new organization as chief executive will be Bill Packham, CEO of Qtrade Canada Inc. It will have its main offices in Toronto and Vancouver.
Aviso Wealth will be jointly owned by Desjardins and a limited partnership including the Atlantic Central, Central 1 Credit Union, the Credit Union Central of Manitoba, the Credit Union Central of Saskatchewan, the Credit Union Central of Alberta and Cumis.
The credit union centrals represent approximately 300 credit unions across Canada. Ontario-based Cumis is owned jointly by Co-operators Life Insurance Co. and Central 1 Credit Union.
The transaction is expected to close in the first quarter, subject to regulatory approval and customary closing conditions…
Housing market to slow in 2018 but prices to rise
– moneysense.ca
TORONTO — New stricter mortgage rules are expected to slow the housing market next year, but prices are still expected to rise about five per cent, according to a report by Royal LePage.
In its market survey forecast, the real estate firm says its house price composite, which measures prices in 53 Canadian cities, is expected to increase 4.9 per cent next year to $661,919.
A new stress test for homebuyers who don’t need mortgage insurance will be required starting next year.
The new rules are expected to reduce the maximum amount buyers who have a down payment of 20 per cent or more will be able to borrow starting Jan. 1.
The Royal LePage report suggests home prices in the Greater Toronto Area are expected to increase 6.8 per cent in 2018, while the Greater Montreal Area is expected to see an increase of 5.5 per cent.
Greater Vancouver is expected to increase 5.2 per cent in 2018.
The post Housing market to slow in 2018 but prices to rise appeared first on MoneySense.
In its market survey forecast, the real estate firm says its house price composite, which measures prices in 53 Canadian cities, is expected to increase 4.9 per cent next year to $661,919.
A new stress test for homebuyers who don’t need mortgage insurance will be required starting next year.
The new rules are expected to reduce the maximum amount buyers who have a down payment of 20 per cent or more will be able to borrow starting Jan. 1.
The Royal LePage report suggests home prices in the Greater Toronto Area are expected to increase 6.8 per cent in 2018, while the Greater Montreal Area is expected to see an increase of 5.5 per cent.
Greater Vancouver is expected to increase 5.2 per cent in 2018.
The post Housing market to slow in 2018 but prices to rise appeared first on MoneySense.
