If you’re a first-time buyer (or know somebody who is), you may be interested in knowing more about Canada’s brand new Tax-Free First Home Savings Account, of FHSA for short. The FHSA will let you save up to $8,000 tax-free annually—up to a $40,000...
With 2022 now in our rear-view mirror, it’s time to look ahead at what the coming year may have in store. I think it’s fair to say 2022 is a year many of us won’t soon forget. It was a year that started with Canadian house prices reaching their highest...
The Bank of Canada may not have raised rates at its recent January meeting, but it’s clear that interest rates are headed higher tout suite. Those with a variable-rate mortgage may be understandably on edge these days, despite the fact many will still come out...
You can pay off debts, take out money from your home….AND still, lower your total monthlypayments. Does this sound too good to be true…It’s not!!! Homeowners saved almost $1,800 in monthly debt payments. Please see the attached refinancethe solution that may be yours...
What does financial freedom mean to you? Achieving financial freedom is a goal for many people. It generally means having enough savings, investments, and cash on hand to afford the lifestyle we want for ourselves and our families—and a growing nest egg that will...
Tackle your debt using the equity in your home Debt is a four-letter word Canadians don’t want to talk about. According to a recent poll released by CIBC, 26 percent of Canadians say paying down debt is their top personal finance priority for 2019. It’s...
