Many may have heard that Canada's housing market is hot right now, but just how does The Great White North stack up against the rest of the world when it comes to real estate?
According to MSNBC, Canada is the seventh-hottest country in the world for housing right now, tied with Norway. Over the past five [Read More]
Saving for retirement is extremely important, but even those who build up their nest egg diligently may face some unexpected expenses during their golden years. A recent report by McKinsey and Co. indicates that many Canadian seniors will have to cut their spending as they enter retirement.
Fortunately, there are many pain-free ways for seniors to [Read More]
The federal government of Canada has moved to control the hot real estate market through new legislation that would give the Office of the Superintendent of Financial Institutions oversight of the Canada Mortgage and Housing Corp (CMHC).
CMHC provides mortgage insurance on high-risk borrowers taking out home loans, according to The Toronto Star. With prices high [Read More]
Hockey season is officially over in Canada, as all of the Canadian NHL teams have been eliminated from the playoffs.
The lone Canadian representative still in the hunt for the Stanley Cup was the Ottawa Senators. Unfortunately, the Senators were eliminated last night in Game 7 of their series with the New York Rangers. After the [Read More]
Smartphones and iPads are just about everywhere nowadays, and one of the chief reasons consumers are buying these devices are the broad range of applications that come with them. These apps can do everything from play games to check the weather, but they can also allow users to save money in some pretty clever ways, [Read More]
Housing prices in Canada dipped slightly in the first few months of the year, but are still higher than they were in 2011, reports The Financial Post.
The February report of the Teranet-National Bank National Composite House Price Index indicates that prices fell slightly in January and February compared to previous months. January was down 0.1 [Read More]
For those who have just recently graduated, managing money can be one of the biggest challenges of living independently. Moneyville.ca recently offered some tips for new graduates to keep bank accounts healthy while they begin planning for the future.
The top recommendation is to simply live within your means. Many youngsters get their first credit card [Read More]
A recent report by McKinsey and Co. shows that older and affluent Canadians will have more trouble maintaining their lifestyle into retirement than poorer citizens that rely on government programs, according to Monevyille.ca.
The report concludes the Canadian retirement system is "in a stronger position than many of its global peers." Affluent Canadians are predicted to [Read More]
It's long been talked about, but it appears that the province of Quebec is moving closer to eventual independence, according to comments made by ex-politician Michael Ignatieff.
Ignatieff gave an interview with the BBC regarding the state of Scottish independence in the United Kingdom. The ex-Liberal leader compared the situation to that of Quebec. The U.K. [Read More]
The concept of spring cleaning isn't solely for physical spaces in this day and age. It's also a good idea to clean up your computer as well, writes Moneyville.ca.
Whereas in the past people may have gone through filing cabinets, today most document storage is digital. That's why it pays to take some time and sort [Read More]
