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Housing starts in Canada were trending at 184,438 units in May compared to 183,872 in April, according to Canada Mortgage and Housing Corporation (CMHC). The trend is a six-month moving average of the monthly seasonally adjusted annual rates (SAAR)1 of housing starts. “In May, the trend in housing starts was virtually unchanged for the third consecutive […]
Housing starts in Canada were trending at 183,515 units in April compared to 184,602 in March, according to Canada Mortgage and Housing Corporation (CMHC). The trend is a six-month moving average of the monthly seasonally adjusted annual rates (SAAR) of housing starts. “In April, the trend in housing starts was essentially stable at 183,515 units. […]
Are you one of millions who wonder how your CPP contributions are invested? This is the year to find out. On June 9, 2014, the Canada Pension Plan Investment Board (CPPIB) is inviting Canadians to join their “electronic town hall”, an interactive webcast to hear about the organization's most recent financial performance, and pose any […]
New homeowners looking for greater predictability A recent poll conducted by Nielsen finds that Canadians are increasingly focused on moving to fixed-rate mortgages. The poll also revealed that younger Canadians are even more likely to choose a fixed rate mortgage, with 56% of Canadians aged 25-34 saying they would lock in to a fixed rate today; the number has […]
A recent poll conducted by Nielsen finds that nearly half of Canadians don't think low rates will last forever and expect mortgage rates to be higher a year from now. The poll also shows that Canadians are increasingly focused on moving to fixed-rate mortgages. According to the Consumer Insights survey, many Canadians still prefer fixed mortgage […]
The Minister of State (Finance) Kevin Sorenson and Financial Consumer Agency of Canada (FCAC) Deputy Commissioner Brigitte Goulard, kicked off Talk with Our Kids About Money Day, a financial Literacy campaign for youngsters. Talk With Our Kids About Money Day encourages parents and teachers to be involved and actively engage in conversations with kids and young adults […]
There are many factors as to why Canadian homebuyers are thinking more about smart home investing and careful financial planning -As discussed on our previous blogs, Canadians believe that buying a home is a great investment – Part 1 & 2. Based on the Canada-wide survey commissioned by Genworth Canada, homebuyers are working harder and making […]
