According to a new Statistics Canada report studying the economic well-being across generations, millennials are earning more money than previous generations - but it may not be enough. The data agency analyzed several factors, such as income and wealth, for different Canadian generations, and compared them to each other to see how well they are ...Read More

Wednesday, February 20, 2019

How to Save for a Down Payment When Purchasing A Home

If purchasing a home is one of your goals in the next few years, planning to save money for a down payment should be your top priority. In order to qualify for a mortgage in Canada, banks require a minimum of 5% of the sale price of a home. Depending on the price of the home you ultimately wish to purchase, this will necessitate accumulating a ...Read More