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Latest News
Solving Canada's National Housing Crisis Begins At Home + MORE Oct 4th
Canada has recently been held up as a shining example of a progressive nation. Just while countries across the Atlantic and south of the border appear to be adopting a more closed door attitude, Canada is forging ahead with inclusive policy and getting recognition for doing what's right.
This po.... More »
We’re 10 years apart. Can we retire together? + MORE Feb 26th
Ask MoneySense
My wife and I plan to retire at the end of 2027. I am 63 and my wife is 53. All our investments are split 50/50 between RRSPs and LIRAs for a total of about $1,450,000. We anticipate needing about $110,000 a year after tax in retirement. We have a line of credit, and we are paying it .... More »
National Housing Update: How the Real Estate Industry is Faring One Month into 2019 + MORE Feb 16th
Real estate news is typically quiet in January, but there’s been quite a few developments as of late. To quickly recap, Canadian real estate in 2018 ended with four consecutive months of sales declines. Overall, there was a drop of 11 per cent nationwide, with the 2.5 per cent drop from November .... More »
This 34-year-old hospital worker has three kids and a mortgage to pay off. Making $104,000 a year, he wants to save $50K each for his kids. How can he start? Dec 23rd
Mel would also like to save enough for retirement, at least $1 million each for him and his wife, and also purchase a second real estate property to rent out..... More »
Pros and cons of the new federal secondary suite programs Oct 28th
Comparing two federal programs to help Canadians build rental suites: a $40,000 loan or a mortgage refinance option.... More »
Spotlight On Mortgages: A Global Recovery In 2014?
– ratesupermarket.ca
Big things are in store for the global economy – and interest rates – in 2014, according to economists. The World Bank released their semi-annual Global Economic Prospects report Tuesday, announcing a more optimistic stance as the U.S. gets back on track and Europe continues cautious recovery.
The U.S.-based poverty initiative and think tank predicts global GDP will improve by 3.2 per cent this year, up from 2.4 per cent in 2013. U.S. growth forecasts are especially cheery, at 2.8 per cent this year – an improvement that will be felt around the world.
Economic Check In
The report breaks down the climate in main economies and their risk factors. Here are the top developments to watch this year:
Europe: There’s been a lot of improvement in the Eurozone as banks continue to restructure, and recovery methods rely less on severe austerity measures. However, unemployment remains a rampant problem, and it’s unclear what exactly will drive the economy in the years to come…
