The “Big Five” Canadian banks offer investment funds and include Royal Bank of Canada, Toronto Dominion Bank (TD Canada Trust), Bank of Nova Scotia, Bank of Montreal and Canadian Imperial Bank of Commerce (CIBC). Let’s explore the best place for you to invest.
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Body of missing Markham realtor found, 3 youths facing weapon, fraud charges - Toronto Star Aug 22nd
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Term vs. permanent life insurance: How to choose what’s right for you + MORE Oct 8th
Life insurance can protect your loved ones financially after you’re gone, but picking the right kind can protect your wallet even when you’re alive. Generally, there are two kinds of life insurance: term life insurance and permanent life insurance. Permanent life insurance provides lifel.... More »
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OAS payment dates in 2025, and more to know about Old Age Security + MORE Jan 6th
If you’re approaching or planning for retirement, you may have questions about Old Age Security (OAS) benefits, like: Do I need to apply for OAS? How much will I receive in OAS? When do OAS payments go out? We cover these questions and more below. But first, here’s a quick overview of how OAS wo.... More »
Open bidding in Ontario: Game-changer or business as usual?
– moneysense.ca
If you’ve ever bought or sold a house, you may have experienced a bidding war. And how you felt about it likely depends on which side of the transaction you were on. A bidding war can increase the sale price of a property by encouraging buyers to start with their strongest offer and even spend more than they otherwise would. That’s good news for sellers but often frustrating for buyers—particularly for first-timers or those looking in competitive housing markets like Toronto and Vancouver.
Late last year, changes to Ontario’s real estate legislation, the Trust in Real Estate Services Act (TRESA), came into effect, making open bidding legal in Ontario. (Real estate is generally regulated at a provincial level, so as of now, these changes only apply to Ontario.) It was big news at the time, but has it made a big impact? Here’s what this legislation means for buyers and sellers in the province, and how it could influence the housing market.
What is open bidding in real estate?
Open bidding in real estate is when the details of all registered offers on a property are shared openly between prospective buyers…
