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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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14
Feb

7 things you shouldn’t tell your kids about money

7 things you shouldn’t tell your kids about money Tanza Loudenback Business InsiderFebruary 2, 2017   (Some money topics are worth keeping kids blissfully ignorant about.frankieleon/Flickr) Most kids are, understandably, clueless about money. But since our attitudes, behaviors, and general knowledge about money come directly from our parents, the responsibility for teaching naturally falls on mom’s and dad’s shoulders. In

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7
Feb

building wealth through home ownership

Building wealth through home ownership Special to Financial Post | January 26, 2017 | Last Updated: Jan 30 10:52 AM ET   With the changes in mortgage lending rules coming into effect across the country, the state of the Canadian housing market is on the minds of many first-time home buyers and current owners alike. While the new rules will undoubtedly

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6
Feb

looking for your best mortgage rate? Here’s 20 questions to ask

Looking for your best mortgage rate? Here’s 20 questions to ask Robert McLister Special to The Globe and Mail, Feb. 02, 2017 “What’s your best mortgage rate?” was once a fairly straightforward question. These days, it’s impossible to respond intelligently to it without asking a litany of other questions. That’s true today more than ever thanks to recent federal rule

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3
Feb

Bank of mom and dad’ has growing hand in real estate market thanks to first-time buyers: report Garry Marr | January 11, 2017 A new survey released Tuesday found first-time buyers are getting help from “the bank of mom and dad” — a theme the head of one of Canada’s largest real estate companies says he continues to hear in the

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