Descrease article font size Increase article font size Mastermind Toys will be rescued from the brink of bankruptcy less than two weeks after announcing it had filed for creditor protection. The prominent Canadian retailer announced Monday morning that it had entered into a deal with Unity Acquisitions Inc. that will see the majority of its 66
If you’re in the market for a castle at a discounted rate, then look no further — as a certain listing located along the Trans-Canada Highway in Cape Breton, Nova Scotia might have just what you’re looking for. The 10-bedroom, 18-bathroom fortress is situated on 163 acres of land in the small community of Bucklaw
A wave of Canadians gearing up for retirement will be forced to make “significant” cuts to live comfortably for the rest of their lives, an analysis from Deloitte Canada shows. The report released Wednesday looked at the finances of 4,000 Canadians between 55 and 64 years old to gauge their “retirement readiness.”Hwan Kim, a partner
Before reaching financial milestones such as a car, home, or savings account, a credit rating might be the only thing young people own. “Credit is a highly valuable asset,” says Ed Rempel, a fee-for-service financial planner, tax accountant and author of the blog Unconventional Wisdom. “In fact, it is your main asset until you can
Descrease article font size Increase article font size Canadians will again be able to put more into their tax-free savings accounts in 2024, according to Finance Canada. The department confirmed in a statement to Motorcycle accident toronto today on Friday the TFSA contribution limits are being raised to $7,000 next year.That’s up from an increase of $6,500
Homeowners fretting about paying more on their mortgages at renewal could soon have more power to shop around for a better rate, thanks to a package of housing affordability measures proposed in the Liberals’ fall economic statement. Finance Minister Chrystia Freeland tabled the Liberals’ fiscal update in the House of Commons on Tuesday. The spending
Slowing housing markets in many parts of Canada are pushing some home sellers to make hard-fought concessions on price — or delay their plans to sell until next year — in the wake of higher rates. Real estate experts who spoke to Motorcycle accident toronto today say patience and price flexibility are key to landing a sale
Canada’s housing agency is warning of a looming “shock” for borrowers renewing their mortgages as a new analysis shows the pain of higher interest rates is starting to put pressure on some homeowners. Canada Mortgage and Housing Corp. (CMHC) released its biannual report on the country’s residential mortgage market on Thursday.The analysis shows that more
A shifting attitude in financial markets that interest rates might stay higher for longer has weighed on returns this year, with investors finding few safe havens between stocks and bonds. Analysts who spoke to Motorcycle accident toronto today say the uncertainty about rate hike paths for central banks around the world means some portfolios could still stand
The share of Canadians missing payments on their mortgages is down compared to last year despite the impact of higher interest rates, according to the Canada Mortgage and Housing Corp. CMHC chief executive Romy Bowers testified at the House of Commons’ standing committee on human resources Monday, where she gave members of Parliament a look