How are rising interest rates impacting your mortgage?
The Bank of Canada has raised interest rates several times since 2022, leaving many Canadians wondering how, and when, their mortgage will be impacted. That’s why we put together this…
Rising interest rates and the housing market
On June 1st the Bank of Canada announced another interest rate hike of 0.5%, making it the third increase this year. With more increases expected throughout the year, many Canadian…
How to stay on track while interest rates continue to rise.
The interest rate hikes made by the Bank of Canada over the last two years have caused short-term rates to increase significantly on things like loans, and mid-to-long term rates…
Renting vs buying a home | Global Morning News
For many owning a home used to be the ultimate goal, but with current sky-high prices that feels out of reach for many in BC. On the other hand…
What do rate hikes mean for my money?
Two years ago, at the outset of the pandemic, the Bank of Canada aggressively dropped the overnight lending rate to battle the economic impact of COVID. The Bank signaled that…
A line of credit and what it’s good for
When you’re looking for financing, you’ll find no shortage of options. But how do you choose which solution is right for you? Most people are familiar with two popular ways…
The secrets to smart estate planning.
A 2018 poll from the Angus Reid Institute found that half of Canadians (51%) say they have no will in place, while only one-third (35%) say they have one that is…
It’s tax time: How to claim up to $500 on home office expenses.
For many, our homes became our offices over the past few years. So it only made sense that the Canadian government made changes to the tax policy regarding home office…
Loan or LOC? A look at two lending options
There are many times in life where borrowing money will be necessary. For example, you might want to buy a car, do home renovations, or consolidate debt. The good news…
Most popular in Managing Your Money
RRSP vs TFSA. Which is better for you?
The great debate: TFSA vs RRSP With the RRSP contribution deadline just around the corner, it’s important to know about all your savings options. Today we break down which savings…
What to do with your tax refund
A refund is basically free money, right? Once you receive your tax return, your knee-jerk reaction may be to spend it on a new spring wardrobe or hop on a…
8 money tips for university
The start of the school year is an exciting time. It means giddy reunions with your friends, welcome back parties, cracking open… brand new notebooks, lugging textbooks across campus, nuking…
