The rules of the (mortgage) game just changed — again

If you’re looking to break into the housing market or considering your next step up the housing ladder, you’ve likely heard that Canada’s federal government made some important changes last week.

BMW reveals motorcycle so safe riders don't need helmet

As fun as it may be to ride a motorcycle, there’s also a much higher risk of injury should anything happen. However, that could all change soon as BMW reveals a new motorcycle that will supposedly eliminate the need for helmets and leather.

The 4 sharing economy side hustles you’re tempted to try

It seems like everyone’s got a side gig nowadays, and I credit the entrepreneurial spirit of the sharing economy (y’know, Uber, Airbnb, etc.) for that.

Should I stay or should I go? Toronto millennials in housing limbo

$250,000. That’s the approximate income someone needs to afford the average Toronto home at $755,755, at least going by the old “three times your income” rule. The average household income in Toronto is about $76,000. For millennials, it’s even lower.

Admit it: you may need professional money help

There is a lot of information out there about do-it-yourself (DIY) investing such as the Couch Potato strategy, buying exchange traded funds (ETFs), robo-advisory or passive investing through various index funds.

New auto insurance rules cost injured man dearly

It was big news when Ontario auto insurance rates got lower. However those cheaper rates came at the cost of less coverage for accident benefits and rehab. Now, a family is struggling to cover costs after a man suffered serious injuries in a motorcycle collision.

How to choose the right winter tires

Winter is coming, which means hockey season, six layers before we go outside, and for many drivers, switching over from summer tires to winter tires.

Weekend storm leaves 50,000 powerless in Nova Scotia

While the devastation compares in no way to the hundreds of lives lost in the Caribbean, Hurricane Matthew made its presence felt in Canada over the weekend as heavy rain and wind travelled up the coast and battered Nova Scotia, causing massive floods that left homes and power lines damaged.

Bring your ‘A’ game, but don’t expect a gold star: advice from a former intern

A few months ago, the LowestRates team welcomed Ankur Gupta, a Queen's University undergrad, as a marketing intern. Now that it's over he has some advice for future interns or new graduates transitioning into the workforce.  

September sees biggest employment gain since 2012

Friday’s employment report painted a rosy picture of the Canadian job market. Canada added  67,200 new positions in September, the largest monthly gain since 2012. Strong employment growth means the Bank of Canada will likely rule out another interest rate cut for the remainder of the year. But just how strong is that growth really?

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