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CMHC tightens mortgage rules in latest response to COVID-19 + MORE Jun 8th
On June 4, 2020, the Canadian Mortgage and Housing Corporation (CMHC) announced changes to the eligibility rules for mortgage insurance, in the agency’s latest response to the COVID-19 pandemic.
The new rules will lower the amount of debt an applicant for an insured mortgage can carry, set a hig.... More »
Does a spouse’s real estate ownership cancel out first-time homebuyer qualifications? Jun 5th
Q. My husband and I married recently, and we have lived together in a rental apartment since we got engaged and married. He has a condo, which he purchased seven years ago, but he has not lived there for the past three years. I’ve never lived in that condo and he didn’t use the Home Buyers’ Pl.... More »
RBC, TD report solid second quarter earnings, foresee further growth - The Globe and Mail May 24th
RBC, TD report solid second quarter earnings, foresee further growth The Globe and MailRoyal Bank of Canada, TD Bank beat expectations, powered by loan growth Financial PostRBC beats profit estimates on gains in core retail banking BNNBloomberg.caIs Canadian Imperial.... More »
How to turn off the money tap and say ‘no’ to financially enabling family and friends + MORE May 2nd
People who insist on paying for everything in their relationships are often dealing with deep-seated trauma which can lead to overwork and financial exhaustion, experts say.... More »
Why retirement planners are getting defensive + MORE Sep 30th
While working people may envy those at or near retirement, once you get there there’s a certain amount of anxiety over markets and the prospect of outliving your money should stocks and interest rates fail to cooperate.
Of course, those with guaranteed-for-life, taxpayer-backed, defined benefit.... More »
Toronto StarUK Labour opposition party vows to reject May's Brexit dealToronto StarLONDON—Britain's main opposition Labour Party announced Tuesday it will reject Conservative Prime Minister Theresa May's proposed divorce deal with the European Union when it comes to a vote in Parliament and might support a new Brexit referendum.Labour Party vows to fight 'destructive Tory Brexit,' says it's open to 2nd referendumCBC.caGovernment publishes latest set of no deal Brexit planning papers – as it happenedThe Guardian (blog)A Nasty Brexit Threatens the WestWall Street JournalFinancial Times -The Australian Financial Review -The Hinduall 1,974 news articles »
The wild stock market ride of B.C.’s Tilray is an example of the kind of stomach-churning volatility investors in the cannabis space have come to expect. But come Oct. 17, the speculation that’s driving those ups and downs will start to change course, Peter Armstrong writes.
