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According to statistics released by The Canadian Real Estate Association (CREA), national home sales activity edged up slightly on month-over-month basis in February 2015. Highlights: National home sales edged up 1.0% from January to February. Actual (not seasonally adjusted) activity stood 2.7% above February 2014 levels. The number of newly listed homes fell 2.5% from […]
Do you have a household budget? Do you know how much you'll need to save to maintain your lifestyle in retirement? Do you know how to get your credit report? If you don't consider yourself particularly money-savvy, you're not alone. Nearly two-thirds of Canadians taking part in the 2014 Canadian Financial Capability Survey (CFCS) rate […]
How Canadians keep their homes warm in winter depends on which part of the country they call home. Data from the 2013 Households and the Environment Survey reveal that those from Ontario and in the West mostly opt for forced air furnaces burning natural gas. In Quebec and in the East, it is electric powered baseboard heaters […]
The Bank of Canada today announced that it is maintaining its target for the overnight rate at 3/4 per cent. The Bank Rate is correspondingly 1 per cent and the deposit rate is 1/2 per cent. Total CPI inflation in Canada has fallen as expected, reflecting the significant drop in oil prices. Core inflation remains […]
According to statistics released by The Canadian Real Estate Association (CREA), national home sales activity was down on a month-over-month basis in January 2015. Highlights: National home sales fell 3.1% from December to January. Actual (not seasonally adjusted) activity stood 2.0% below January 2014 levels. The number of newly listed homes rose 0.7% from December […]
If you are buying your first home, chances are you are stretching your savings to the max. Depending on your situation, you may have some other initial expenses to consider: Moving expenses Whether you’ll be hiring a moving company or renting a truck and asking friends for help, there are likely to be moving expenses. […]
Five Fellows in the Action Canada leadership development program will release a policy report on innovative finance for urban spaces and places. Action Canada's 2014-2015 theme focuses on Canadian cities. Urban public spaces - such as streetscapes, parks, bike paths and green spaces - enhance a city's quality of life and competitiveness by attracting the […]