Defective seat belts have caused General Motors to recall a million unsafe pickup trucks.

In February the federal government made changes to minimum down payment rules in order to curb the purchase of high-priced homes by those that can’t properly afford them. Now, it seems that the average home in Canada falls into that category.

The cost of owning a home is higher than ever in Canada, and if you’re a young, first time buyer in one of Canada’s major cities, chances are you’re stretching your dollar to afford your house. Thankfully in 2016 there are a bunch of ways to help offset the costs of home ownership.

The city of Ottawa announced earlier this week that it has approved new vehicle-for-hire regulations that will allow private transportation companies (PTCs) like Uber to operate legally in the city should they abide the rules.

Buying a decently-sized home in Toronto is no small thing. The latest average price for a condo is just over $400,000 and homes only get costlier from there.

The Bank of Canada has decided to hold interest rates steady at an overnight rate of 0.5%. Correspondingly the Bank Rate remains 0.75% and a deposit rate of 0.25%.