Are Toronto condos still a good investment? A senior BMO economist has found they’ve historically offered a better return than the TSX. Here’s what buyers and investors should know.
Canadian-owned U.S. properties can be a great investment, as the American market experiences an uptick. But, there are tax rules you should know about – especially if you rent your unit or plan to see. Gordon Powers breaks it down.
A few reports came out this week, underscoring the knowledge gap between Canadian consumers and the state of their personal finances. An annual debt report released by BMO finds household debt levels continue to skyrocket, as consumers clamour for mortgages and cheap credit. Meanwhile, a study shows many TFSA investors still aren’t clear on their contribution rules.