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How condo insurance works Jul 26th
Condo insurance is a smart decision. Regardless of whether you just purchased a brand new loft or a cozy older suite, you’ll need to make sure your asset is protected.
While condominium insurance is not required by law like car insurance, often mortgage lenders or your building will require you .... More »
This 29-year-old has been laid off twice as a server and is starting from scratch, spending all his savings to study UX design. Living at home, he wants financial help + MORE Mar 16th
Peter, 29, a server working in Halton Region, was laid off for the second time in December, during COVID-19’s second wave. Currently, he’s receiving $1,800 a month (before tax) through Employment Insurance..... More »
How to stake Cardano (ADA) in Canada + MORE Jun 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 »
Canada’s best credit cards 2020 + MORE Nov 27th
Finding the right credit card could save you hundreds, if not thousands, of dollars a year. Whether you’re looking for lower fees, more rewards or simply valuable perks like travel medical insurance or rental car savings, every dollar counts. If you use your credit card wisely, pay off your balanc.... More »
What is term life insurance and how, exactly, does it work? May 27th
When it comes to conversation-starters, life insurance generally doesn’t rank in the top 10 topics. We get it—who wants to think about the end of their own life? But it’s important to know the ins and outs of life insurance coverage so you leave your loved ones financially secure in the event .... More »
Toronto home sales in July plunge compared to year ago
– moneysense.ca
TORONTO — The Toronto Real Estate Board says property sales tanked 40.4 per cent last month compared with July 2016.
The drop was led by the detached home market both in City of Toronto and the surrounding areas.
The board says the Multiple Listing Service composite benchmark price was up 18 per cent on a year-over-year basis. However, the benchmark was down 4.6 per cent compared with June.
The latest data follows moves by the Ontario government earlier this year to rein in the real estate market.
Home prices have been on a decline since April, when the province introduced more than a dozen changes —including a 15 per cent tax on foreigners purchasing property — aimed at cooling the Greater Toronto Area’s real estate market.
The board says foreign buyers represent a small part of the real estate market and the decline has more to do with potential homebuyers waiting to see how market conditions evolve.
READ MORE:
The drop was led by the detached home market both in City of Toronto and the surrounding areas.
The board says the Multiple Listing Service composite benchmark price was up 18 per cent on a year-over-year basis. However, the benchmark was down 4.6 per cent compared with June.
The latest data follows moves by the Ontario government earlier this year to rein in the real estate market.
Home prices have been on a decline since April, when the province introduced more than a dozen changes —including a 15 per cent tax on foreigners purchasing property — aimed at cooling the Greater Toronto Area’s real estate market.
The board says foreign buyers represent a small part of the real estate market and the decline has more to do with potential homebuyers waiting to see how market conditions evolve.
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The post Toronto home sales in July plunge compared to year ago appeared first on MoneySense.
Europe's Taxes Aren't as Progressive as Its Leaders Like to Think
– online.wsj.com
Thanks to the VAT and ‘insurance contributions,’ the lower and middle classes pay and pay.
