Archive for October 2015
How Canadians Spend Their Money
We all like to compare ourselves with others when it comes to our financial affairs to see how we are doing. The most recent Statistics Canada compilation of how Canadians spend their money shows an average spending pattern. Figures are from 2013 – so a bit dated considering economics in the past year – but…
Read MoreHow First-Time Home Buyers Are Getting Into The Market
No generation has had a tougher time getting into the housing market than Generation Y. Indeed, the deck is stacked against Millennials, many of whom are burdened with crushing student debt loads, grim job prospects, and limited wage growth in a stagnant economy. Furthermore, the federal government cracked down on 40-and-35-year amortization mortgages, mostly to…
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