Housing prices in Canada need to drop by $223,000 to be affordable

A staggering 90% of Canadians live in "unaffordable" housing markets.

Vancouver renters forced out by redevelopment will get more compensation under new rules

The new measures include increased compensation and assistance in finding permanent housing as a result of redevelopment.

Non-mortgage debt grows for Torontonians, but remains below Canadian average

Toronto residents saw their debt increase at a quick rate this winter, but other cities shoulder bigger total debts.

Inheriting my family's financial worries shaped my attitude to money

Jessica Moorhouse reflects on her grandfather's experiences with poverty and how they impacted her money decisions.

An ode to the oven as they disappear from Toronto condos

Removing the oven from our living spaces will only make us spend more money on dining out.

CIBC says Bank of Canada will now cut rates in Q2 2020

CIBC is the first major bank to predict a rate cut from the Bank of Canada. 

Fixed mortgage rates have fallen below variable mortgage rates in Canada

As bond yields continue to fall, homebuyers stand to benefit. 

Toronto home sales, prices see strong jump in May

The 15-year low for the month of May appears to be over, as home sales increase by 18.9%. Yet listings grow by only 0.8%.

How should you and your partner split shared expenses?

A relationship expert and financial planner weigh in on whether it’s best to split 50/50 or proportionate to income.

Ottawa tornado causing insurance woes for homeowners

Nearly a year later, and after another tornado hit this weekend, homeowners are still waiting to resolve their claims.

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