5/30/2024 | Posted in Home Owners by Paul Solomons
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A recent study on Statistics Canada data shines light on trend
... More 2/6/2024 | Posted in Financial Health by Paul Solomons
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Further analysis of the latest Canadian insolvency stats reveal some revealing elements that typically connect those whose finances have got too much for them.
... More 9/29/2023 | Posted in Canada Living by Paul Solomons
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Millions of Canadians want to achieve their dream of homeownership, but affordability remains out of reach for many, and changing that will be a slow journey according to ... More
9/4/2023 | Posted in Financial Health by Paul Solomons
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Higher living costs are pushing more and more Canadians into debt, according to a new report.
... More 6/28/2023 | Posted in Canada Living by Paul Solomons
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Inflation cooled on a month-over-month basis in May, but one factor that has been unrelenting in driving the consumer price index higher is mortgage interest costs — and ... More
6/3/2023 | Posted in Canadian Housing Market by Paul Solomons
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Stable interest rates and a continued cooling in home prices helped give housing affordability in Canada its biggest jump in almost four years in the first quarter of 2023, ... More
4/21/2020 | Posted in Canadian Economy and Housing Market by Paul Solomons
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Rising unemployment and high debt is expected to boost mortgage loan delinquencies in Canada, though experts say it won’t play out like the U.S. subprime mortgage crisis ... More
12/16/2019 | Posted in Financial Health by Paul Solomons
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Canadians' borrowing habits are back to where they were before policymakers cooled off the housing market. Lower interest rates are convincing some to borrow more.
... More 12/3/2019 | Posted in Canada Living by Paul Solomons
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Contribution room accumulates beginning in the year in which a person turns 18
... More 10/30/2019 | Posted in Interest Rates by Paul Solomons
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The Bank of Canada (BoC) announced today that it would keep the overnight rate at 1.75%.
... More 9/19/2019 | Posted in Canadian Economy and Housing Market by Paul Solomons
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The average Canadian household was worth less in 2018 than in the previous year.
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