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21
Apr

five reasons Canadians should not fear a housing market correction-and might even cheer it

Five reasons Canadians should not fear a housing market correction — and might even cheer it Garry Marr | Financial Post |April 13, 2017 CIBC chief economist Avery Shenfeld and his economic team won’t say whether the housing market is on the verge of a correction. Shenfeld, fellow economists Andrew Grantham and Nick Exarhos say the bigger question they continue to

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31
Mar

Let’s talk money, Honey- discussing finances with your partner is key for happiness

Let’s talk money, honey Discussing finances with your partner is key for happiness by Prajakta Dhopade January 10th, 2017 In the haze of wedding planning or the emotional heat of committing to a partner you love, there’s one subject that often goes untouched—financial management as a unit. Tying the knot or signing the joint lease both come with big money

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20
Mar

How Canada’s biggest banks have become complicit in the housing bubble

How Canada’s biggest banks have become complicit in the housing bubble Canada’s big banks have become addicted to mortgages—and it’s been incredibly profitable. But now we’re seeing the consequences of that debt binge Mar 13, 2017 Kevin Carmichael   This article originally appeared in Maclean’s. Royal Bank of Canada Chief Executive David McKay flattered some Bay Street reporters with rare interviews

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17
Mar

MORE CANADIANS ARE RAIDING THEIR RRSPs TO BUY A HOUSE, MAKE ENDS MEET AND PAY OFF DEBT

More Canadians are raiding their RRSPs to buy a house, make ends meet and pay off debt Garry Marr | February 7, 2017 A new survey suggests Canadians are dipping into their registered retirement savings plans like never before and the high cost of housing may be driving those decisions. The study released Tuesday and conducted by Pollara for Bank

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14
Mar

is Canada on the brink of a financial crisis?

Is Canada on the brink of a financial crisis? Cameron French,Yahoo Finance Canada Ever since the U.S. financial crisis in the late 2000s, there have been questions about whether there might be a Canadian version coming down the pipe. The fact that it hasn’t happened has been taken by some as proof that Canada’s financial system is a better machine

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10
Mar

CMHC says in new guidebook maybe that loan is actually a little too large for you Garry Marr | Financial Post | February 28, 2017 Canada Mortgage and Housing Corp. has a new how-to guidebook on buying a home and one of the more intriguing bits of advice is not to take on as large a loan as you might qualify

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6
Mar

economist says it’s 1980 all over again in the Toronto market. Remember how that ended

Economist says it’s 1980s all over again in the Toronto market. Remember how that ended? Garry Marr | Financial Post | February 15, 2017 Bank of Montreal economist Doug Porter says Toronto is the midst of a housing bubble, comparing the market to “frothy” levels not seen since the 1980s. “There’s nothing tentative about the red-hot housing market in Toronto and

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3
Mar

Toronto’s runaway housing market heading for paralysis, economists warn

Toronto’s runaway housing market heading for paralysis, economists warn Carolyn Ireland The Globe and Mail, Feb. 23, 2017 Toronto’s real estate market is heading toward a state of paralysis, says Chris Kapches, president and chief executive officer of Chestnut Park Real Estate Ltd. Mr. Kapches says the shortage of listings prompted house hunters to head out in force in January.

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2
Mar

“trump risk” hangs over Canadian real estate market

‘Trump risk’ hangs over Canadian real estate market Carolyn Ireland The Globe and Mail, Feb. 02, 2017 What is the “Trump risk” to Canada’s economy and the lofty real estate markets in many big Canadian cities? Royce Mendes, senior economist at Canadian Imperial Bank of Commerce, is one of many Bay Street players grappling with the question. Mr. Mendes recalls

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21
Feb

live like a minimalist: start by DE-cluttering your finances

Live like a Minimalist: start by decluttering your finances Chantel Chapman, Special to Financial Post | February 10, 2017 More and more people are attempting to live a simpler, minimalist lifestyle. Whether they were inspired by The Minimalists Documentary on Netflix, Marie Kondo’s The Life-changing Magic of Tidying up, or simply noticed their own spending habits were getting out-of-control— the shift

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