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Latest News
Ivanka Trump defends paid leave plan in Wall Street Journal Jul 6th
First daughter Ivanka Trump is defending a White House proposal to mandate paid leave for new parents in a letter to the editor published Wednesday in The Wall Street Journal.
The paper had previously criticized the Trump administration plan “as bad policy and worse politics” that would .... More »
Time To Shop Around for Car Insurance Rates: Liberals Revive 15% Discount Plan Jul 18th
Great news for responsible drivers: after being shelved during the June Ontario provincial election, the Liberals have given new life to a plan to slash auto insurance premiums by an average of 15 per cent.
The Auto Insurance Cost and Rate Reduction Strategy mandates the discount must be implemente.... More »
CPP payment dates in 2025, and more to know about the Canada Pension Plan + MORE Jan 3rd
In Canada, no retirement plan is complete without considering the CPP. Whether you’re approaching retirement or still several years away from it, the Canada Pension Plan will likely play a role in your retirement income. How big a role depends on several factors. You may have other questions, too..... More »
Financial planning in your 70s Feb 12th
When most people think about financial planning, they think about saving and investing for retirement. That is a part of it, but financial planning is much more holistic.
Here are a few financial planning strategies for those approaching or into their 70s. If you’re not there yet, bookmark this fo.... More »
TD Cash Back Visa Infinite review 2022 + MORE Apr 1st
If you consider yourself a coffee-lover, foodie, traveller—or all of the above—this cash back card might be the perfect for your lifestyle. It offers a strong earn rate on food and travel spends. It also includes perks that offer peace of mind on your daily commutes or big vacations, like compli.... More »
CMHC Plans to Insure Fewer Mortgages
– ratesupermarket.ca
Planning to pay less than 20 per cent on your home purchase? You’ll be joining a shrinking pool of buyers who require mortgage insurance from the Canada Mortgage and Housing Corporation (CMHC). The Crown corporation stated in its annual report that it is underwriting less mortgage insurance, and that it has plans to reduce the amount even further.
In the report, CMHC states it insured $557 billion in high-ratio mortgages in 2013, a drop from $566 billion in 2012. The report forecasts it will insure even less in 2014, probably around $545 billion. The decline comes as a result of tightened lending rules, which the government last tweaked in Summer 2012. Now new rules implemented by the CMHC will lead to even fewer homeowners qualifying for mortgage insurance… and CMHC is ok with that.
Stricter Lending to Come
Worried about an overheated housing market, the late Finance Minister Jim Flaherty introduced stricter measures four separate times to curb out-of-control borrowing…
Wynne's pension plan isn't needed: Economists – CANOE
– news.google.ca
CTV NewsWynne's pension plan isn't needed: EconomistsCANOENDP Leader Andrea Horwath, Premier Kathleen Wynne and PC Leader Tim Hudak. (QMI Agency Files). Sun. Latest News. Skinheads group emerges in southern Ontario · Family of oilsands worker killed by bear speaks out · Doug Ford provides Mayor Rob …NDP's Horwath digs into Wynne on auto insurance rates at GTA campaign stopWaterloo RecordLiberals take aim at both NDP, Tories; Hudak proposes business tax cutMontreal GazetteLiberals Release New Attack Ad Aimed at Andrea Horwath640 Toronto Newsall 303 news articles »
