Failed CMHC Policy Could Not Control Rising House Prices
Canadian house prices continue to rise and are increasingly unaffordable, writes Peter Watson. Canada Mortgage and Housing Corp. failed at its attempt to slow the increase of house prices. This could affect homeowners and prospective homeowners. Last year CMHC increased the financial requirements to qualify for mortgage insurance. Mortgage insurance is required for buyers who […]
New Year’s resolutions… It’s that time of year again
Start this New Year by making some financial resolutions. Think about what is important to you and then spend some time deciding ways to advance your financial circumstances. The following resolutions are my top four recommendations to consider for 2017. One. Save. All good financial plans include a savings target. Large purchases made in […]
How to choose an investment advisor
Choosing a financial advisor is often a daunting task. At the Evidence-Based Investing Conference held in New York City in November, 2016, I had the opportunity to listen to one of the leaders in the investment industry, Bill McNabb, Chairman and CEO of Vanguard. Vanguard is one of the largest investment companies in the world […]
Survey shows more younger Canadians worry about money
Many Canadians are concerned about their finances. This applies to people of all ages. A survey titled The Financial Comfort Zone Study was conducted by Credo Consulting Inc. It appears 6,000 Canadians have been surveyed already and that number will double during the next six months. The biggest worry Canadians have about their future is […]
