What is CPI? CPI is the Consumer Price Index. This is a measure of the cost of living for the typical person. What is Core CPI? Core...

The target overnight rate is a key Bank of Canada-controlled interest rate used as a basis for one-day (or “overnight”) borrowing between...

Its principal role is "to promote the economic and financial welfare of Canada," as defined in the Bank of Canada Act. Monetary policy:...

Monetary policy is also further being tightened by the BoC. This is the 5th increase in the overnight rate since March 2022 as the BoC...

The market was expecting a 0.75% increase. The Bank is also continuing its policy of quantitative tightening (QT). The aggressive action...

Have you talked with the bank? Have they played games with you? Have their offers not been the greatest?⁠ ⁠ Whether you’re a...

Throw the kids in their jammies and come out for FREE outdoor family movies at The Shipyard Commons this summer! Weekly, Wednesdays from...

What? The Bank of Canada increased its overnight rate by 0.50% So? This was the biggest one-time increase in 22 years, since 2000, in an...

If you’re new to the home buying process, it’s easy to get confused by some of the terms used. The purpose of this article is to clear up...

Chances are if you’re applying for a mortgage, you feel confident about the state of your current employment or your ability to find a...

Divorces are challenging as there’s a lot to think about in a short amount of time, usually under pressure. And while handling finances...

Although it’s ideal to have your mortgage paid off by the time you retire, that isn’t always possible in today’s economy. The cost of...

Sometimes life throws you a financial curveball. Bankruptcy and consumer proposals happen. It doesn’t mean your life is over, and it...

Let’s say you have a home that you’ve outgrown; it’s time to make a move to something better suited to your needs and lifestyle. You have...

Chances are if the title of this article piqued your interest enough to get you here, your family is probably growing. Congratulations!...

When looking to qualify for a mortgage, typically, a lender will want to review four areas of your mortgage application: income, credit,...

It’s a commonly held belief that if you’ve made your mortgage payments on time throughout the entirety of your mortgage term, that the...

You’ve most likely heard that there are two certainties in life; death and taxes. Well, as it relates to your mortgage, the single...

One of the benefits of working with an independent mortgage professional is having lots of great financing options! Rather than dealing...

If you’re going through or considering a divorce or separation, you might not be aware that there are mortgage products designed to allow...