General Trish Pigott 9 Sep
The Bank of Canada Hiked Rates Again And Isn’t Finished Yet On Wednesday, the Bank of Canada raised its target for the overnight rate by 75 basis points to 3.25% and signaled that the policy rate would rise further. The Bank is also continuing its policy of quantitative tightening (QT), reducing its holdings of Government […]
Read MoreGeneral Trish Pigott 6 Sep
Let’s talk about financial stress. If you lost your job tomorrow, would you be okay? Having financial knowledge allows you to better assess your options and create a plan without getting overwhelmed. However, even with the best plans and all the financial literacy in the world, it’s impossible to completely eliminate financial stress. So, how […]
Read MoreGeneral Trish Pigott 1 Sep
Rising inflation combined with a strengthening post-pandemic economy, gives both reason and opportunity for the Bank of Canada (BOC) to further raise interest rates through to the end of 2022 and beyond. The 1% increase to the benchmark overnight rate in early July was a wake-up call. Unfortunately, they were not bluffing and are prepared […]
Read MoreMortgage Tips Trish Pigott 30 Aug
Have you considered debt consolidation? If you are a Canadian living in debt, you are not alone. According to Statistics Canada, household debt grew faster than income last year, with Canadians owing $1.83 for every dollar of household disposable income to debt(1). Canadian households use almost 13.48% of income for debt re-payment(2). So how can […]
Read MoreGeneral Trish Pigott 26 Aug
Thinking of doing kitchen renovations? Although they may add value to your home, it’s worth asking yourself why you want to renovate in the first place. Do you want to sell in the near future and boost the sale price? Or do you want to make changes to better suit your lifestyle? The answers to […]
Read MoreGeneral Trish Pigott 23 Aug
Are you an early adopter of technology? If you’re not, it can feel as though you’re constantly behind the curve with the ever-evolving startups, apps, and new devices. Trying to catch up can be daunting and very expensive. However, there are quick, reasonably-priced steps you can take in your home to bring it a step […]
Read MoreGeneral Trish Pigott 18 Aug
When it comes to shopping for a mortgage, it’s important to know what you need to qualify – However, it’s just as important to understand some of the reasons you don’t qualify. This will allow you to make some changes and budget accordingly for when the time is right. If you are in the market […]
Read MoreLatest News Trish Pigott 12 Aug
It was widely expected that US consumer price inflation would decelerate in July, reflecting the decline in energy prices that peaked in early June. The US CPI was unchanged last month following its 1.3% spike in June. This reduced the year-over-year inflation rate to 8.5% from a four-decade high of 9.1%. Oil prices have fallen […]
Read MoreGeneral Trish Pigott 9 Aug
Becoming a homeowner is one of the most exciting and rewarding moments in life! While people don’t always dream of the perfect mortgage, we do grow up dreaming of a white picket fence and our dream home. Even if you imagined your dream home as a 6-bedroom mansion, we all have to start somewhere! This […]
Read MoreGeneral Trish Pigott 5 Aug
A common financial mistake that people make is not investing in their Registered Retirement Savings Plan (RRSP) or Tax-Free Savings Account (TFSA) early enough. They often don’t start contributing until later in life when they are more financially stable. The truth is, starting smaller and earlier, will be more beneficial. Your retirement fund could grow […]
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