by Clayton Jarvis There were few fireworks on July 31, when Prime Minister Justin Trudeau announced that out-of-work Canadians who have been receiving the Canada Emergency Response Benefit due to COVID-19-related job disruption would be transitioned to the country’s employment insurance program this fall. CERB is set to expire on September 26, but anyone who began receiving payments once the program got underway … Read More
Even amid pandemic, the northern housing market is hotter than ever, say realtors
The real estate market has an ever-rising temperature despite doomsday predictions By: John Last, Katie Toth When Vanessa Thorson bought her duplex in Whitehorse’s Takhini neighbourhood in 2015, it cost her just $285,000. Three years later, she moved to Alberta and sold it for $305,000. But when she returned just 18 months later, in the fall of 2019, she says … Read More
As deferral programs end, a reverse mortgage can help
by Kasi Johnston When the COVID-19 pandemic first hit back in March, Canada’s big banks announced that clients affected by the coronavirus crisis would have the option to defer their mortgage payments for up to six months. Lenders across the country soon followed suit, offering their own mortgage payment deferral programs. Depending on which plan the borrower entered into, that … Read More
Small town realtor says COVID-19 may have city dwellers looking for wider, open spaces
It seems small town real estate is doing well, and two of the attractions are more space and less COVID-19. By: Terri Trembath Jennifer Handley is a real estate agent in Nanton, a town about an hour drive south of Calgary. She is also the town’s mayor. According to her, the Nanton housing market is hot right now. “We haven’t … Read More
CK home sales bounce back with higher prices
By Natalia Vega Home sales in Chatham-Kent are heating up as the industry starts to recover from the COVID-19 pandemic. The Chatham-Kent Association of Realtors reports that 127 homes were sold in June, which is only one fewer sale than the same time last year. On a year-to-date basis, 554 homes were sold in the first six months of 2020, a … Read More