Economic News Breakdown: August 5 – August 9

August 10, 2019 Saket Patel 0

Monday New Zealand reported its employment changes on Monday whilst America labelled China as a currency manipulator, escalating the trade war into a new dimension.  New Zealand unemployment rate was reported at 3.9%, down from 4.2% last quarter and the lowest since June 2008. The government also raised minimum wages to $17.70 per hour back in April which recently showed […]

Economic News Breakdown: July 29 – August 2

August 5, 2019 Saket Patel 0

Monday On Monday, main news out of Japan, where Bank of Japan (BoJ) released their latest report for Economic Activity and Prices. This document provides valuable insight into the perspective of BoJ and how they view their economic conditions and inflation – the key factors that shape the monetary policy. It stated that Japan’s economy is projected to continue expanding […]

The Changing Dynamic of Wealth Management and Why it Matters

July 17, 2019 Sabeeh Zia 0

Younger generations are becoming increasingly prevalent in wealth management where the industry faces mounting demands for change. New thinking patterns – among the younger demographic – may be popular among Generation X and Y but have also been mildly exhibited among the current senior group (baby boomers) who have been influenced by their younger peers. Industry reports have summarized this […]

What’s the most affordable city in Canada to buy a condo?

June 3, 2019 Danielle Kubes 0

By: Zoocasa Regina is the most affordable city in Canada to buy a condo, according to a recent report by Zoocasa, with three-quarters of residents earning about $40,000, which is enough to get a foothold on the property ladder. But unless you’re in the top quartile of earners, you can forget about Vancouver condos for sale, where residents would have to […]

Self Employed? Here’s How to Qualify for a Mortgage

May 5, 2019 Ratehub 0

By Jordan Lavin, for More and more Canadians are taking on some form of self-employment. The side hustle is more popular than ever among millennials, with more people than ever making some money on the side in addition to their regular full-time job. And more than 1.5-million Canadians are fully self-employed, running their own businesses and working for themselves. […]

Families should consider heading to the 905 for bargain real estate

April 13, 2019 Danielle Kubes 0

By: Zoocasa The suburbs outside of Toronto continue to be a region where prospective home buyers can get more bank for their buck. The Toronto Real Estate Board recently reported that the average single-family home sold for around $910,500 this March in the 905, compared to almost $1,270,000 in Toronto. Really, the disparity for single-family homes is even greater than those […]

How Working Abroad Can Help New College Graduates

March 27, 2019 Tracey Clayton 0

Graduating opens up a whole new scary world for us. While most of us are thrilled to finally be done, there’s something about the straightforward, organized way college works that’s very difficult to match when job hunting. It seems like everything right now requires us to be assertive and experienced, even though most young people are still a little unsure […]

Toronto Housing Market Remains Slow in February

March 17, 2019 Danielle Kubes 0

By: Zoocasa The Toronto housing market remains slow in February, with the Toronto Real Estate Board reporting declining sales and stable housing prices. Sales declined 2.5 per cent to 5,025 transactions, while property prices edged up 1.5 per cent to $780,400. TREB blames the lackluster February on the mortgage stress test implemented in January 2018 for reducing affordability and making it […]

When Choosing a Credit Card, Pay Attention to Fees

March 11, 2019 usnewsmoney 0

If you’re in the market for a new credit card, there are several things to weigh before making a decision. The card’s annual percentage rate or rewards program may be the first things you zero in on, but don’t overlook the fees a card carries. Why fees make a difference when choosing a card Credit cards can come with a […]

Forget winter, the thaw is coming

March 5, 2019 Ratehub 0

Fresh fallen snow is beautiful and fun to play in, but it soon leads to heavy shovelling, icy roads, and eventually, spring’s thaw. The melt exposes flaws in our home’s construction that we promised ourselves we’d fix before the bitter cold gave us an excuse to wait until summer. The problem though is the speed at which it can wreak […]