Many retirees don’t want to give up the family home. You have spent a significant part of your life creating a place you feel comfortable in and it is filled with memories that you don’t want to give up. This, however, may mean that you need to borrow money to make the home you are living in suitable for the … Read More
Should You Invest in Real Estate?
Does the thought of investing in real estate appeal to you? Well, now could be the perfect time to take the leap into the rental investment arena. The continued strength of the nation’s real estate market, along with the expectation that interest rates will remain low, should provide plenty of appeal for investors looking to ramp up their real estate … Read More
Avoid Homebuyer’s Regret With These Tips
While buying a home is the biggest investment the average Canadian will ever make, many first-time home buyers still don’t take the time to perform sufficient financial due diligence before signing their offer to purchase. A recent survey commissioned by TD Canada Trust has found that the two biggest regrets include not saving for a larger down payment and not doing enough … Read More
High Home Prices and Bidding Wars: What You Need to Know
The price of a new home in Canada is on the rise, according to data released by Statistics Canada today. Market information from March shows that the price of a new home in Canada rose by 0.3% from the previous month, marking the 12 consecutive monthly increase. While relatively minimal, the jump was slightly greater than the 0.2% advance predicted … Read More
Life expectancy for Canadians rises to 80.9 years
Life expectancy at birth continued to rise, reaching a new high of 80.9 years during the three-year period from 2006 to 2008. This was up 0.2 years from 2005-2007. Life expectancy at birth was above the national average in three provinces: British Columbia (81.4 years), Ontario (81.3 years) and Quebec (81.0 years). The lowest life expectancy at birth was recorded in the three territories combined (75.2 years).