The Bank of Canada surprised some in Canadian cities like Grande Prairie by keeping interest rates steady at 1.25% while hinting they’d raise it eventually by the third quarter. In theory, they’d need to raise the benchmark rate to 1.75% to hit normal rates. Yet...

Around 20% of first time home buyers received assistance from their parents in one form or another. Let’s look at the trends driving it, the ways parents are providing this assistance and the pros and cons of the various approaches involved.   Why More Parents Are...

Wills and living trusts are legal documents that distribute property. Both are useful estate planning tools, but there are important differences. With a living trust, a representative is appointed to manage your property while you’re alive (even if you become...

We often hear advice too late to save ourselves time, money and hassle. For home buyers, mistakes come with added zeroes at the end. Here are some of the best kept secrets that home buyers need to hear so they don’t make unnecessary mistakes when buying a home.   ...

In January, 2018, the Bank of Canada raised its lending rate to 1.25 percent from 1 percent, the highest level since 2009. The decision was based on an economy at near full capacity and recovery in inflation rates. This caused the Canadian dollar to sink, though it...