Apparently, the finance ministry’s legal oversight of the pink elephant, aka CMHC, was long overdue… In March, Maclean’s warned that the Canada Mortgage and Housing Corporation, the quasi-governmental insurer that underwrites $500 billion of residential mortgages, answers to no one—not Canada’s top financial regulator or even the minister of finance. That all quietly changed last month [...]
That’s the question on every homeowners mind. There are two key survival strategies. The first is to think long term, have a plan and stick to it. History shows that this plan of action can pay off. The second tactic is to outperform the market. This means ensuring your property increases in value at a [...]
If your credit is less than stellar, applying today may actually make your credit worse. Don’t get me wrong, I’m not saying don’t apply. I’m saying, don’t apply yet. Do you suspect there may be an issue with your credit, if so, you’re better off pulling your bureau yourself. Your score will not be harmed [...]
You like me are probably looking at your T4 slip from last year or maybe even your most recent pay stub and asking yourself, where the heck does it all go? Sure, you wish there were a few more zeros on there, but it’s the vanishing act that’s the killer. Tax time is the worst, you can see [...]
Lots of chatter about the difference between Median Sale Prices & Average Sale Prices What’s the difference and why should I care? You should care because The Median Sale Price can be quite different from the Average Sale Price. (As seen below) I think the best way to show you the impact is with the [...]
A few weeks ago I posted a video on what I believe sets successful people apart from the rest. You’ll notice in my video, the point of implementation is KEY The ONE thing that can make the biggest difference in how successful you are this year is your ability to implement. (and when) The difference between [...]
I pay my credit cards off in FULL every month, but my score’s still low? News flash, each credit facility reports at different times of the month. So, what does that have to do with it? If you happen to pay your balance off in FULL on the 28th, but the credit company reports on [...]
In·di·an Giv·er n. (ca. 1848): A Federal Government which gives something to another and then takes it back. Wow, that sounds familiar, huh. I guess All the HUGE FINANCIAL brain power that went in to extending amortizations to 40 years, was for not. Latest word on the street has the Feds once again monkeying around [...]
While reading Robin Sharma’s latest post this morning, it really reminded me about the importance of Fundamentals. A profound insight. Those of us in business love to pursue the latest innovation and pursue the hottest trend. Especially online, we are bombarded with a massive array of new ideas and mind-numbing messages. And yet, what I [...]
I was at a Christmas party the other day and I couldn’t help but overhear a conversation taking place about business. My eyes lit up. Right up my alley, in fact, I even made a point of edging as close as I could without looking like a stalker. lol I heard one gentleman say – [...]
