Factors that impact a mortgage approval
Lenders will review certain criteria to determine your mortgage approval. They are down payment, employment type, income, credit score, and current debt levels.
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Canada’s Top 10 Professional Designations
Professional designations are important in today’s rapidly evolving job market because only having a university or college degree are no longer the sole ticket to high-earning careers. Below are the top 10 professional designations with the highest earning potential, based on global recognition, salary outcomes, and industry demand. 1. Chartered Financial Analyst (CFA) 2. Certified…
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Find the best Realtors in your area
Choosing the best Realtors can make all the difference in your real estate journey, whether you’re buying your dream home, selling a property, or navigating the complexities of the market. A skilled realtor not only brings local expertise and market insights but also offers a network of resources, negotiation skills, and a strategic approach to…
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(FHSA) : First Home Savings Account
As the dream of home ownership becomes increasingly elusive for many, the First Home Savings Account (FHSA) emerges as a beacon of hope. Launched with the intent of making home ownership more accessible, the FHSA is an innovative savings vehicle designed to help first-time home buyers accumulate funds for their first property. What is the…
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Embracing Market Volatility: A Guide for Young Investors
Market volatility is common and presents opportunities, especially for young investors. Time is their greatest asset, allowing compounding benefits from early investments. Strategies include dollar-cost averaging, diversification, using low-cost ETFs, and focusing on quality stocks. Maintaining a long-term perspective can lead to substantial wealth despite market fluctuations.
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Best Investing Essentials for every Canadian.
Investing is crucial for building wealth over time, especially for long-term goals like retirement in Canada. Savings accounts serve short-term needs but offer lower returns. Compounding enhances investment growth, while understanding one’s financial situation, goals, and risk tolerance is vital. Working with a Financial Planner can simplify investment decisions.
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Life Insurance Strategies for Those Over 50
Upon turning 50, it’s essential to enhance RRSP contributions and consult a financial advisor about retirement and insurance coverage. A gap analysis is crucial for assessing debts and ensuring adequate life insurance for family needs. Consider personal circumstances to determine coverage, which can provide significant peace of mind.
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What is dividend investing?
Investing in dividend-paying stocks offers a stream of income and potential growth. Safety of dividends depends on the company’s earnings stability and industry risks. Investors can choose between high yield or high growth strategies based on immediate or long-term income goals. Tax benefits may apply to qualified dividends held long-term.
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Do I really need a Financial Advisor?
Determining the need for a Financial Advisor depends on personal financial situations. They assist not just wealthy individuals, but also middle-class families with retirement, education, and major financial goals. While robo-advisors offer budget management, human advisors can provide tailored support during significant life changes. Confidence in financial knowledge guides the decision on hiring an advisor.
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Latest Trends in Oil and Gas Market
Oil prices are under pressure due to an OPEC+ supply increase and U.S. tariff risks, with Brent and WTI futures fluctuating around $68 and $67, respectively. Geopolitical tensions and natural gas pricing also affect market perceptions. Major producers like Exxon and Shell foresee earnings declines, influencing their respective stock values.
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Stock Valuation 101: Understanding Terminal Growth Rate and Its Impact
If you’re into stock valuation, you might know of terminal growth rate. It’s very important when calculating a company’s long-term value.
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Canada’s Q1 2025 GDP: Modest Growth Amid Emerging Headwinds
Here we present the main facts on how the Canadian economy did in Q1 2025. We think it’s still a positive outlook but some warning signs are present.
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Prime Minister Mark Carney Unveils Ambitious Housing Reforms
In response to Canada’s housing affordability crisis, Prime Minister Mark Carney has introduced a comprehensive plan aimed at increasing housing supply.
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Financial Planning for Newcomers to Canada
We cover key financial planning areas to help newcomers make smart decisions and build a secure future in Canada.
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Future value of Real Estate in London Ontario
Analyzing recent statistics and market trends provides valuable insights into the future of property values in this vibrant city.
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Canadian Small Business Trends and Opportunities for 2025
As Canada moves further into 2025, Canadian small businesses continue to be a driving force in the economy.
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The Impact of US Tariffs on Key Canadian Sectors
The recent imposition of US tariffs on Canadian imports is expected to significantly impact several key sectors of Canada’s economy.
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Is a Spousal RRSP A Smart Retirement Strategy?
A Spousal RRSP helps couples save on taxes by splitting retirement income. It benefits those with unequal incomes but has rules like the 3-year attribution rule.
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Every Business Needs a Website
In today’s digital age, having a website isn’t a luxury—it’s a necessity. Whether you’re a small local shop, a service provider, or a growing enterprise.
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What Trump’s Tariffs mean for Canadian Economy
Trump’s tariffs could cut Canada’s GDP by 2.5%, raise inflation to 7.2%, and cost 150K jobs. Key sectors like energy, auto, and agriculture face major losses.
