Not all insurance products are created equal. One of the most common mistakes homeowners and potential homeowners make is that they hear the word “insurance” and just assume they have it! Well, you might have one kind of insurance, but you might be missing coverage elsewhere. It is important to understand all the different insurance […]

  As 2022 begins to unfold, we are planning on doing a better job internally to help you with the regular reminders of home ownership. As we navigated the busiest real estate year in history last year, we ran into a few road blocks where clients were not aware that they had to submit their […]

With RSP season right around the corner, now is a good time to understand some of the limits and important dates for 2022. What is the 2022 limit for RRSPs? For the 2022 taxation year, the contribution limit for an RRSP is 18% of earned income. While the percentage has not changed for a number […]

  In line with the Bank of Canada’s forecast, the economy rebounded sharply in the third quarter following the weak performance in Q2. Stats Canada announced this morning that GDP grew by a whopping 5.4% in Q3 following the downwardly revised 3.2% earlier in Q2. As pandemic restrictions phased out and businesses resumed normal operations, […]

Here we are once again at a cross road to either lock in or remain in your ultra low variable rate mortgage. Basically we are sitting at all time historical lows with mortgage rates. We have never seen the Bank of Canada reduce rates to this level which in turn affects the Prime rates which […]

The Bank of Canada surprised markets on Oct. 27th with a more hawkish stance on inflation and the economy. The Bank released its widely anticipated October Monetary Policy Report (MPR) in which its key messages were: * The Canadian economy has accelerated robustly in the second half. * Labour markets have improved, especially in the […]

There has been a lot of chatter in the markets over the past week about fixed rates rising.  This is mainly due to the government bond yields continuously rising which in turn will impact fixed mortgage rates.  While many are enjoying the benefits of ultra low rates since the start of the pandemic, we could […]

When it comes to finding your perfect home, there are so many more options for potential homeowners! From a single-family dwelling to a townhouse to a modular home, the choices are seemingly endless. Before you start widening your search, let’s take a look at what makes these home types different – and which one is perfect […]