If you have parents or grandparents that are living abroad and want to visit you for an extended period of time, getting a super visa is indispensable. A super visa allows parents and grandparents to ...
Almost half of all Canadians have at least one annual fee credit card. That means that the other half don’t have one, preferring a no-fee credit card. With such an even split between Canadians, whi...
If you’re new to Canada and want to buy a home, there’s two pieces of good news. The first is that there are new to Canada mortgage programs that can help you get into a home. The second is that...
Canada has the highest household debt in the world. The average Canadian has a debt-to-household income ratio of 171%, which means that for every dollar of disposable income a household has, they carr...
This morning, March 7, 2018, the Bank of Canada released a press release stating that they would not increase their overnight rate. After the rate hike to 1.25% in January 2018, none of the experts s...
TD bumped up its posted five-year fixed mortgage rate to 5.59 per cent, an increase of 45 basis points. That means that their posted rate is now also 45 basis points higher than the Bank of Canada fiv...
All of the biggest banks in Canada have raised their posted rates after TD raised theirs to 5.59 per cent. The Bank of Canada, which uses the mode of the posted rates of the Big Six banks to determine...
The Bank of Canada governor Stephen Poloz announced today that prime interest rate will stay right where itis as 1.25%. The Bank of Canada constantly monitors Canadian economic activity, and adjusts ...
The past twelve months haven’t been too kind on people with variable rate mortgages. Since July 2017, there have been 4 increases to the national interest rate. With each accounting for a 0.25 per c...
In the regular interest rate announcement from the Bank of Canada, governor Stephen Poloz announced that the Bank would be maintaining interest rates at 1.50%, despite earlier hints that they might ha...