Canada’s recreational housing market is expected to boom over the summer season despite a softening in urban markets, according to a new report from Royal LePage. The Royal LePage Recreational Properties Survey, published Wedneday, forecast the average price for a second home in Canada will increase 5.8 per cent year-over-year to $467,764 in 2018, fueled mostly by Generation X (between 36 to … Read More

Today, the Bank of Canada announced that it is maintaining the overnight rate target at 1.25%. The Bank notes that it will continue to assess the economy’s sensitivity to interest rate movements and the evolution of economic capacity and take a gradual approach to policy adjustments, guided by data. We will continue to keep you informed on any further developments.

Debt seems inescapable, and if you are trying to make your financial future healthy it is one of the biggest obstacles towards securing a major loan, whether it be for a car or a mortgage. Frankly, banks will not feel as comfortable giving you a loan if you have a significant amount of debt. If you look, there is TONS … Read More

Let’s be honest, budgeting is the most boring adult thing you can do. You get your first job and you want to finally be able to have fun with your own money. But wait, you want a car, right? You want a house eventually, don’t you? Even if these goals are further down the road, starting to save now is … Read More

Breaking into the housing market is a daunting prospect. You have to do things like paying off student loans, afford rent, and still have some sort of a social life, all the while trying to put away thousands of dollars to purchase a place you can finally call your own. Here are six tips to maximize those savings efforts. Move … Read More