Home for the Holidays: How To Stretch Your Budget in a Season of Inflation

Thursday Dec 1st, 2022

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You don't have to break the bank to celebrate the holidays in style—even in this season of inflation. Prices may be higher on everything from food to gifts to decorations, but there are still plenty of opportunities to eke out extra savings. For example, you can trim your energy bills by up to 20% just by sealing air leaks in your home.1 Other small fixes—such as swapping old light bulbs for LEDs and plugging electronics into a powerstrip—can boost your yearly savings... [read more]

Inflation - Hedge It With These 3 Real Estate Investment Types

Thursday Apr 13th, 2023

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House and Piggy Bank

The annual inflation rate in Canada is currently around 5.2%.1 It doesn’t matter if you’re a cashier, lawyer, plumber, or retiree; if you spend Canadian dollars, inflation impacts you. Here’s what you need to know about inflation, how it impacts you, and how an investment in real estate can help.   WHAT IS INFLATION AND HOW DOES IT IMPACT ME? Inflation is a decline in the value of money. When the rate of inflation rises, prices for goods and services go up.... [read more]

8 Strategies to Secure a Lower Mortgage Rate

Monday Sep 12th, 2022

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Interest rates have risen rapidly this year, triggered by the Bank of Canada’s efforts to curb inflation. And the July MNP Consumer Debt Index found that 59% of Canadians “are already feeling the effects of interest rate increases.”1  Why has the impact been so widespread? In part, due to the rising popularity of variable rate mortgages. According to the Canada Mortgage and Housing Corporation, in the latter half of last year, the majority of mortgage borrowers opted... [read more]

Hedge Against Inflation With These 3 Real Estate Investment Types

Tuesday Mar 1st, 2022

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coin dropping into jar

  The annual inflation rate in Canada is currently around 5.1%—the highest it’s been in 30 years.1 It doesn’t matter if you’re a cashier, lawyer, plumber, or retiree; if you spend Canadian dollars, inflation impacts you. Economists expect the effects of inflation, like a higher cost of goods, to continue.2 Luckily, an investment in real estate can ease some of the financial strain. Here’s what you need to know about inflation, how it impacts you,... [read more]

Higher Rates and Short Supply: The State of Real Estate in 2022

Thursday Jun 16th, 2022

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Canada's housing market hit a boiling point last year as homebuyers clambered for real estate in regions with significantly more demand than supply. But now that homeowners and buyers alike are feeling the pinch of rising interest rates and record inflation, the market appears to finally be simmering down. That, in turn, could create a welcome opening for shoppers to be more selective with their searches. However, buyers hoping for a major downturn in prices may be left disappointed.... [read more]

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