With a recession election pending in October, Canada’s federal leaders are focusing on the economic issues. Read on to see what the Liberals, Conservatives and NDP have planned to counter the recession.
More By Sean Cooper:
It’s been quite a year for interest rates, and recent economic turmoil and dropping oil prices lead many to believe the Bank of Canada will cut rates again in September. However, one big bank holds a more optimistic view, believing rates will see an uptick next year. Get the full story.
The Conservative government announced it plans to expand the maximum withdrawal amount for the Home Buyer’s Plan to $35,000. This is the most recent pre-election promise targeting home buyers struggling with steep affordability – but will this measure help, or hurt, the housing market?
The Conservative government has promised a new renovation tax credit should they be re-elected this October. The tax credit sounds great on paper – but will homeowners really save?
Is it ever a good idea to sign up for a retail credit card? Store-offered cards are experiencing somewhat of a comeback in Canada as they offer features rivaling some of the best on the market. So, are they worth another look?
Good news for prospective home buyers and landlords: the CMHC has announced that 100% of profit from an income suite can be used toward your mortgage qualification, Previously, only 50% was allowed. Read on to see how this can affect your home financing.
Is it really worth taking out debt for home renos? Lured by reality TV and low interest rates, Canadians are taking on more reno projects than ever.
Thinking of opening a joint chequing account? Here’s what you need to apply, along with the pros and cons of opening one with your partner, parent or spouse.
Could you pay your mortgage after a job loss? A recent survey found 4 in 10 Canadians won’t be able to. Here’s how to protect your ability to pay in a worst-case scenario.
Did you know: the second-hand economy is a $30-billion business in Canada? Buying and selling gently used goods can save you a bundle. Here are our top tips.