Monthly Archives: July 2017

Many Canadians in over heads even without rate increases

Posted on July 10, 2017 by Danielle Park

A new poll conducted on behalf of accountants MNP offers more sobering insight on the financial fragility of Canadian households. See: 27% of Canadians already ‘in over their head’ with mortgage payments: MNP.  Here are some highlights: 30% say any drop … Continue reading →

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Canadians using homes as ATMs

Posted on July 6, 2017 by Danielle Park

We have encountered several people in the past year who have been gutting the equity in their homes via mortgages and ‘Home Equity Lines of Credit’ to speculate on other properties and security portfolios. Often they are doing so on … Continue reading →

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Why many kids can’t launch

Posted on July 5, 2017 by Danielle Park

The trend of 20 and 30 somethings returning to their parents’ home has been well noted for the past few years.  Frequently older generations will comment that today’s young seem to lack ambition or drive since they keep living with … Continue reading →

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