Even existing homeowners can’t afford to move in Toronto and Vancouver

Most of the time when it comes to housing affordability the conversation is focused on younger, first-time buyers, who are struggling to break into the overheated markets of Toronto and Vancouver. However as prices continue to reach new peaks even people who are ready to sell and buy a second home are feeling priced out.

This is not how to use Tesla Autopilot

One of the things that makes Tesla cars so cool is their advanced driver assist system dubbed “Autopilot”. The name calls to mind the set it and forget it features that let modern airplanes fly themselves the majority of the time. But news flash: even planes require a minimum of two pilots to be awake at all times even when autopilot is on.

When should I buy life insurance?

For some reason, there seems to be a widespread misconception out there among many young Canadians that life insurance is for “old people”. This error couldn’t be further from the truth, and falling prey to it can wreak havoc with an otherwise sound financial plan.

May 2016 interest rate update: still 0.5%

The overnight lending rate remained untouched today as the Bank of Canada announced their decision and economic outlook.

Getting a car loan: bank financing or dealer financing?

Information asymmetry occurs when one party in a transaction has more or better information than the other. I can’t think of a situation where this imbalance of power is more often on display than when it comes to buying a car and getting a car loan.

Toyota and Uber announce partnership

Today, Toyota Motor Corp and Uber announced plans to partner and explore ridesharing. The announcement comes as only the latest of several high profile partnerships between auto and tech companies.

When should you lease a car instead of buying?

I always wondered why my neighbor leased a car instead of buying one. It turns out that leasing can be the best option for some people.

Buying a car in Canada: New versus used

Every few years, you likely find yourself looking to buy a car. Deciding whether to buy a new or used car can be a tough choice.

New scopes help RCMP catch distracted drivers

For many, the long weekend means time spent on the wide open road headed out of the city. Long trips mean a whole lot more distracted driving, and RCMP in British Columbia are keeping an eye out for it with a new tool.

Ontario considers safe-texting zones on highways

When you hear or feel the buzz of your smartphone receiving another notification, it’s hard not to immediately want to know what it’s for, even if it’s just to assess how important an interruption it really is. But taking even a few seconds to look at your phone while driving is a recipe for disaster.

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