Foreign Buyer Tax, Rent Control Announced to Cool Hell Fire of a GTA Housing Market
Buying A Home / Economic News / First Time Home Buyers / Home Ownership / Mortgage News / RSM News

Foreign Buyer Tax, Rent Control Announced to Cool Hell Fire of a GTA Housing Market

It’s no secret that Toronto’s real estate market is rising at an alarming rate. Just in the month of March, it was announced that the average home price increased by 33.4 per cent, year-over-year. The average price for a detached home in Toronto currently sits at $1.21 million. In response, Toronto Mayor John Tory, Federal … Continue reading »

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

BREAKING: Ontario Car Insurance Rates Increase

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 »