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Manulife Asset Management has issued its annual "Year Ahead" report, which highlights monetary policy divergence, the need for structural reform in many economies, declining oil prices and a strengthening U.S. dollar as key topics of interest to investors in 2015. Drawing together the individual views from Manulife Asset Management's investment and economic teams on the […]
According to statistics released today by The Canadian Real Estate Association (CREA), national home sales activity was unchanged on a month-over-month basis in November 2014. Highlights: • National home sales were unchanged from October to November. • Actual (not seasonally adjusted) activity stood 2.7% above November 2013 levels. • The number of newly listed homes […]
The total value of building permits was $7.5 billion in October, edging up 0.7% from September. The increase came mainly from higher construction intentions in British Columbia, Alberta and Saskatchewan. The value of non-residential building permits increased 2.4% from the previous month to $3.1 billion in October. Gains were posted in five provinces, led by British Columbia, followed by […]
(NC) New parents have hundreds of questions and well-meaning family and friends have plenty of advice when it comes to putting money aside for education of children. But how do you know what is really right for you and your family? As one example, let's examine the Registered Education Savings Plan (RESP). Why save with […]
An early blast of winter will make for a messy and slow commute across Canada this week. That's why CAA is reminding members to be prepared for higher than normal call volumes and longer than normal wait times. Remember that winter driving takes a change in mindset and technique. Winter driving tips: Check your local […]
First-time homebuyers on average make a 21 per cent down payment on the purchase of their new home; since the 1990s, about 40 per cent of this has come from personal savings, suggesting Canadians wait to be financially stable before purchasing. But recently, as home prices have risen, 17 per cent of the down-payment has […]
Bone-chilling temperatures gripped southern Ontario during this past winter – one of the longest and coldest in 20 years. Parts of the province plunged into a deep freeze and 'polar vortex' made its way in to everyday conversations. Before the deep freeze returns this year, remember to have your car battery tested by a professional […]
