It’s been a big week of change for our nation, as the Liberals swept a majority victory in the federal election. That means there’s plenty of new developments to come – for your savings, your taxes, and for the loonie.
How will you be affected? We’ve rounded up everything you need to know about your finances as Canada enters a new political chapter.
8 Liberal Money Promises You Should Know About
The new majority Liberal government is poised to take office, and Canadians are waiting to see how their many campaign money promises will come to fruition. From new tax rules to an overhaul of the CRA, the Grits have plenty to tackle – here’s how your household finances could change under the new leadership.
Read Rubina’s Blog |8 Liberal Money Promises
New Liberal Changes for the Home Buyer’s Plan
The Home Buyer’s Plan, which allows first-time home purchasers to pull up to $25,000 out of their RRSP savings, is undergoing a bit of a facelift; the new Liberal government plans to expand access to the program to a number of groups. Here’s an overview of the changes to come, and whether tapping into retirement savings is the right choice for your home plans.
Read Sean’s Blog | New Liberal Changes for the Home Buyer’s Plan
Are CMHC Condo Stats Skewed?
Sorry to burst your bubble, homeowners – the CMHC is reporting that housing prices and sales will start to slow over 2016 and 2017. However, the Crown corporation’s recent condo report has been called into question for painting an inaccurate picture of supply glut in some of Canada’s biggest markets. Here’s what you should know whether you’re a homeowner or prospective buyer.
Read Sean’s Blog | Are CMHC Condo Stats Skewed?
Don’t Go Broke This Holiday Season: 4 Tips
Thanksgiving has come and gone, and retailers are already hanging the lights and setting up trees. It’s spending season! It can be easy to overspend this time of year, but you don’t have to. Read on for our tips.
Read Desiree’s Blog | Don’t Go Broke This Holiday Season
Your Credit Score: The Secret to Lasting Love?
Could your credit score be the key to true love? A recent study from the U.S. Federal Reserve Board found couples with similar scores had a higher chance of relationship success.
Read Jaclyn’s Blog | Your Credit Score: The Secret to Lasting Love?
Q3 Auto Insurance Rates Drop in Ontario
Ontario auto insurance rates dropped again in Q3, according to the latest from FSCO. This means drivers have even more opportunity to shop around for a better rate. Here’s what you should know if you’re on the hunt for car insurance.
Read Penelope’s Blog | Q3 Auto Insurance Rates Drop in Ontario