Canada Housing Outlook for 2022
Canada’s home price growth, sales levels, and housing starts are expected to moderate but remain elevated, according to the Housing Market Outlook report published by…
Category: Blogs
Accelerated Bi-Weekly vs. Bi-Weekly: Which is Better?
An accelerated bi-weekly payment frequency can save you thousands in interest and cut years off your mortgage compared to a bi-weekly payment option. In the…
How Does a Spousal RRSP Work?
A spousal RRSP account allows one spouse to contribute to their spouse, common-law partner, or same-sex partner’s registered spousal RRSP account. Setting up a spousal…
What are Restrictive Covenant?
A restrictive covenant restricts the use of a land for the benefit of another piece of land. The restriction on the land usually requires something…
How Does a TFSA Work?
Tax-free saving accounts, more commonly known as TFSA, were first introduced in 2009 by the federal government. Similar to the idea behind the RRSP, it…
What is Lifelong Learning Plan?
The Lifelong Learning Plan (LLP) allows you to withdraw up to $10,000 in a calendar year from your RRSPs to finance full-time training or education…
The Impact of Foreign Home Ownership in Canada’s Housing Market
It’s much easier to simplify a complex issue to a single tagline than to accept the complexity of the problem or situation. The recent unaffordability…
Real Estate Vs. Stock Market Investing: Which is Better?
I recently overheard two people conversing about real estate, which inspired me to write this blog. As their conversation progressed, one of the individuals said…
Master Your Mortgage: What the Bank Won’t Tell You About Buying the Right Home
Master Your Mortgage is a book that helps Canadian homeowners live the lifestyle they want by teaching them what the bank doesn’t want them to…
Mortgage Broker: 5 Things to Look for in a Mortgage Broker
A home purchase is full of emotions and uncertainty. That being the case, you must spend some time understanding what you are looking for when…
What is an RRSP?
A registered retirement savings plan ( RRSP) is an individual retirement savings account. The federal government first introduced RRSPs back in 1957 to encourage or…
3 Reasons Why Millennials Aren’t Happy with Their Jobs
The dream is simple. Find a job that’s engaging, purposeful, and pays well. The problem? It’s much easier to think about the perfect job than…