At current prices, buying a home in Canada is nearly out of reach for a huge chunk of the population. With the seemingly unstoppable upwards growth of the overall housing market the potential home buyer really only wants to know one thing: will things ever get better?
In the United States, the sharing economy is taking off at a healthy pace with multiple companies competing in multiple spaces at a time. In Canada things are little less mature with only the more popular services making their way up from the south. Now another app is coming to Canada: Turo.
I signed up for a student credit card as soon as I turned 18. I didn’t know how building credit worked. I just knew somehow that I needed a credit card. I also wanted to look cool when I went out with my friends. I believe that credit cards can be the best financial tool for you in your 20s – if you use them responsibly.
Good news from the Financial Services Commission of Ontario: average approved auto insurance rate changes are in and it looks like the majority of insurers will be lowering their premiums in just over a month
In February the federal government made changes to minimum down payment rules in order to curb the purchase of high-priced homes by those that can’t properly afford them. Now, it seems that the average home in Canada falls into that category.