Many Canadians who have been locked out of the housing market since the Bank of Canada started raising interest rates nearly two years ago are re-entering the fray, waiting for policy rates to be lowered. The Royal Lepage report, based on a Leger poll released on Tuesday, found that since the Bank of Canada began … Read more
Are you, like me, curious about why new car sales are so strong at a time when households struggling to pay their bills is a big topic in personal finance? ? Sales in seven out of 10 states last month exceeded pre-pandemic levels in January 2019, according to a report from DesRosiers Automotive Consultants. Total … Read more
In a world where home prices are soaring and the cost of living is rising, many parents want to help their adult children financially. But experts say parents need clear guidelines before they go to mom and dad’s bank to ensure their children don’t put their retirement at risk. “Without boundaries, parents can be put … Read more
In a world where home prices are soaring and the cost of living is rising, many parents want to help their adult children financially. But experts say parents need clear guidelines before they go to mom and dad’s bank to ensure their children don’t put their retirement at risk. “Without boundaries, parents can be put … Read more
Open this photo in gallery: Jean-Claude Ménard, Canada’s former chief accountant, pictured at his home in Gatineau, says he doesn’t want people to outlive their retirement savings, especially as longevity rates rise. talk.Photo by Ashley Fraser, Globe and MailAshley Fraser/Globe and Mail Sign up for the Globe Advisor weekly newsletter for professional financial advisors. sign … Read more