Category: Financing (10 posts)
November 11, 2024
by: Robb Flannery
What Are Capital Gains?
Capital gains refer to the profit you earn when you sell a capital asset-such as property or investments-for more than its original purchase price. For example, if you bough...
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July 19, 2024
by: Robb Flannery
Investing in real estate can be a powerful way to build wealth, but it's essential to approach it with a well-thought-out strategy. Here are seven financial tips to help you purchase an investment pro...
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November 1, 2023
by: Robb Flannery
Tips for Improving Your Credit Score Before Applying for a Mortgage
For many people, buying a home is a significant milestone in their lives. However, getting approved for a mortgage is...
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July 20, 2023
by: Robb Flannery
The Ins And Outs of Refinancing Your Mortgage.
Mortgage refinancing is a financial strategy that allows homeowners in Canada to adjust their existing mortgage terms to...
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June 7, 2023
by: Robb Flannery
Bank of Canada raises policy rate 25 basis points, continues quantitative tightening
The Bank of Canada today increased its target for the overnight rate to 4.75%, with the Bank Rate at 5% and the ...
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November 21, 2022
by: Robb Flannery
It's a tough time to know what the right financial move is at the moment. Interest rates are increasing, while stocks are in bearish territory. It's easy to forget that there are smart things that you...
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September 1, 2021
by: Robb Flannery
A credit score is a number that shows how likely you are to pay or default on credit. It ranges from 300 to 850; the higher the number, the more creditworthy lenders deem you. Your credit history dete...
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April 21, 2021
by: Robb Flannery
On April 8th, the Office of the Superintendent of Financial Institutions (OSFI) announced that it is relaunching its consultation on the minimum qualifying interest rate for uninsured mortgages. Usual...
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April 21, 2021
by: Robb Flannery
Available as: PDF
The Bank of Canada today held its target for the overnight rate at the effective lower bound of ¼ percent, with the Bank Rate at ½ percent and the deposit rate at ¼ percent. The Ban...
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April 12, 2021
by: Robb Flannery
The below details are what has been reported by the Bank of Canada Website
Over the past two years, we spoke with thousands of Canadians about their views on the economy, inflation and what the Bank ...
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