How to go about securing the best return for your investment in Canada.
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Rental income and taxes: What’s new for Canadian property owners in 2025 + MORE Apr 14th
Canadians love their real estate and they love renting their properties to make some extra money. However, that comes with some tax audit risk and the need to stay in the know of current tax law. Here’s what you should be thinking about for your 2024 and 2025 income taxes, as well as the forms you.... More »
Surviving the present, investing in the future: Gen Z’s financial balancing act + MORE Sep 15th
For Canada’s Gen Z, money is a mix of anxiety and opportunity. They’re the nation’s youngest workers, navigating rising living costs, heavy debt loads, and uncertain job markets. Many hustle to make ends meet—taking on gig work, cutting back on spending, and finding creative ways to save—w.... More »
Activision Confirms 'Call of Duty' Features AI-Generated Visuals - CNET Feb 25th
Activision Confirms 'Call of Duty' Features AI-Generated Visuals CNETCall of Duty updated with generative AI disclosure on Steam page PolygonActivision Finally Admits It Uses Generative AI for Some Call of Duty: Black Ops 6 Assets After Backlash Following 'AI Slop' Zombie Santa.... More »
Canada's largest office REIT cuts payout by 60%, units rise on TSX - Yahoo! Finance Canada + MORE Dec 1st
Canada's largest office REIT cuts payout by 60%, units rise on TSX Yahoo! Finance CanadaAllied Properties REIT cutting its monthly distributions to six cents per unit BNN BloombergAllied Provides Update on Distributions The Globe and MailAllied Properties REIT cuts m.... More »
Intuitive Machines stock plummets after second sideways moon landing - Reuters + MORE Mar 7th
Intuitive Machines stock plummets after second sideways moon landing ReutersLying sideways on the moon, the Athena lander is declared dead CNNUS startup's moonshot apparently lands on its side - again ReutersIntuitive Machines Stock Plunges Another 26% After Troubles.... More »
If you have a mortgage on your home or have been trying to break into the housing market, you’ve probably watched interest rates go up, up, up over the past two years. Both fixed and variable mortgage rates have been higher than any other time in recent memory, leading many new home buyers and existing mortgage holders to choose fixed rates to avoid further increases. These rate hikes have also wreaked havoc for many home owners who locked into variable rate mortgages before rates started climbing, causing their monthly payments to skyrocket.
It’s been a tough time for home owners (and first-time home buyers), but the Bank of Canada (BoC) has held interest rates steady since July 2023, and the latest economic data is leading experts to suggest that interest rate cuts may be on the horizon. So, what can Canadians expect from interest rates in the months and years ahead, and what does that mean for fixed mortgage rates and variable mortgage rates? We spoke to an economist and a mortgage broker to get a better sense of what’s ahead, and whether a fixed or variable rate is your best option in 2024…
