It’s been another banner year for real estate in the Greater Toronto Area. The average price for all property types sold in the GTA came in at $729,922 in 2016 – that’s an increase of 17.3 per cent from 2015.
Have an investment with a maturity date like a GIC? Be aware of automatic GIC renewals – you may find your money locked in for longer than you expect.
Getting into shape is a common goal for many Canadians – one that can be extremely expensive. Pricey personal training and the latest high tech shoes will have you losing more dollars than pounds – not to mention that infomercial-inspired equipment purchase gathering dust in your basement.
When it comes to kids, here’s the cold, hard truth: it costs roughly a quarter of a million dollars to raise a child from birth to their 19th birthday. Have you picked your jaw up off the floor yet?
Forget final exams – finding work once out of school is likely the biggest challenge facing newly-graduated youths. It’s easy to be discouraged by news of high unemployment rates – but by changing up your job hunting strategy (and being prepared for a few compromises) there are jobs to be found. Read on to find out how you can tap into Canada’s so-called skills shortage.
Whether you’re saving for your kids’ education, or building up your retirement fund, a savings strategy is a must. But don’t just sit on your nest egg – explore diversification options like RESP’s, GIC’s and TFSA’s to make the most of your stashed-away funds.