What the Bank of Canada Rate Increase to 1.5% Means for Canadian Home Owners and Home Buyers
Buying A Home / Economic News / Home Ownership / Mortgage News / Mortgages / Personal Finance / Personal Finance News / RSM News / Savings / Selling Your Home / Your Budget

What the Bank of Canada Rate Increase to 1.5% Means for Canadian Home Owners and Home Buyers

As if the new mortgage stress test didn’t make things more difficult, from loans to mortgages, the Bank of Canada rate increase means it’s now harder for Canadians to borrow money. For example, if you have a variable rate mortgage set at prime… Continue reading »

BREAKING: Ontario Car Insurance Rates Have Increased
Car Insurance 101 / Economic News / Insurance / Lifestyle News / RSM News

BREAKING: Ontario Car Insurance Rates Have Increased

Car insurance rates fluctuate based on a number of different factors. However, before an insurance company can change rates, it must first be approved by the Financial Services Commission of Ontario (a regulatory agency of the Ministry of Finance). FSCO publishes approved rate changes quarterly, and the latest results are in… Continue reading »