Molly

Canada Shows Employment Gain & Strength in Economic Recovery

The largest ever recorded employment gain by Statistics Canada came from the 108,700 new jobs founded by Canadians last month; the largest percentage increases since August 2002. Statistics Canada found approximately 44,000 of those jobs was full-time in ... Read >

Home Buying Mistakes to Avoid

With the upcoming mortgage rate hikes less than a month away, many Canadians are still trying to cash in on the current rates before that inevitable increase in June. That means, many Canadian are looking to buy a home. If you happen to be one of them, yo... Read >

The New West Partnership Agreement

Many long-time residents of Western Canada question why the 3 western-most provinces, who rely so much on one another and who interact to the degree that they do, never thought of this before. Between the three provinces, B.C., Alberta and Saskatchewan, t... Read >

Qualifying for Interest-Only Mortgage Now More Difficult

Starting August 31, 2010, Fannie Mae, the government-backed mortgage giant, has announced it will be tightening its lending requirements for the interest-only loans and adjustable rate mortgages. It will also set new requirements that borrowers of the int... Read >

Harper Sales Tax (HST) is Here to Stay

Just as Canadians were beginning to feel a little more relaxed about the recession, the government slaps two of our largest provinces with additional taxes. Yes, the Harmonized Sales Tax, or Harper's Sales Tax as some are referring to it, has officially b... Read >

The Real Cost of Qualifying for a Mortgage

In an attempt to prevent potential home buyers from purchasing homes they cannot afford, home buyers will now be facing tighter rules. These new rules are an attempt to discourage people from taking out mortgages they may not be able to pay for in the eve... Read >

Buying a House Should not be Considered an Investment

The father of modern economics placed housing in the same category as clothing and furniture - useful consumer goods that do not generate wealth. For the homeowner, a house is a "part of his expense, and not of his revenue." The euphoria around home owner... Read >

A First Homebuyer's Guide

Owning a home for many people is definitely a dream, but with that dream comes numerous realities that need to be addressed. Many experts suggest looking at a home purchase as a lifestyle investment, not a financial investment. Making mortgage payments in... Read >

Real Estate Fraud - a Form of Identity Theft

Having your identity stolen may be as likely as winning the lottery, but as we know, there's always a lottery winner. With millions of transactions occurring in real property every year, real estate fraud is rare but it happens, and it can cause a world o... Read >

Unexpected Places to Save

There are so many ways to painlessly save it can almost make you dizzy. But why should we save, anyway? First, emergencies can hit you at any time. You can't always know when your water heater might give up the ghost, or your dog will need medical atte... Read >

Build a Nest Egg- One Looney at a Time

What's the use of a looney? Well, think back over the past five, or even ten, years. What if you'd put one dollar away every day, and not touched it. You'd have a nice little nest egg today. There are plenty of places to save small amounts of money-in way... Read >

Money Attitude Shake Up

If you think you make too little money to be able to save, think again. Lots of studies show that it's all about the attitude. One big reason many of us don't save is that we've never really been taught to think about putting money in the bank-only spendi... Read >

Have you Ever Wondered what the Large Corporations Pay in Taxes?

With the tax deadline having just passed, and taxes still on the brains of many households, you might be wondering what the large corporations pay in taxes each year. It may dishearten you to know that the largest corporation the IRS has to deal with each... Read >

Tax Troubles for Procrastinating

The deadline to file 2009 taxes has just passed. For those procrastinators who have yet to get started, there is help available in the event you are going to file late. If you're delaying your return because you owe money, there are options. If you cannot... Read >

A Few Ideas to Help Get You Out of Debt

The inevitable interest rate hikes are just around the corner, which means we will be paying more for pretty much everything. Now is a good time to set your sights on making the effort to get out of debt. Here are a few suggestions on how to do this befor... Read >