April’s Strong Job Gains Likely Postpone Rate Cuts Until July.

General Leanne Mollica 10 May

Today’s StatsCanada Labour Force Survey for April blindsided economists by coming in much more robust than expected. Employment in Canada rose a whopping 90,400 in April, the most in 15 months, following a decline in March, surpassing forecasts by a large margin. Substantial job gains were posted in both full-time and part-time work. After four months of […]

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5 Ways to Turn Your Home into a Staycation Paradise.

General Leanne Mollica 9 May

Summer is coming up fast! These 5 tips will help you turn your home into the perfect staycation paradise so that you can fully enjoy the coming months: Expand Your Outdoor Entertaining Area: Take your outdoor space to the next level by adding amenities for entertaining. Consider installing an outdoor kitchen or bar area complete with […]

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Yard Appeal Ideas for The Biggest ROI

General Leanne Mollica 24 Apr

Summer is the time to get outside and enjoy your yard. To help you make the most of your space, I have broken down some of the top yard appeal ideas with the biggest ROI giving you the most bang for your buck and increasing your home’s equity and curb appeal at the same time! […]

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Canadian Federal Budget 2024: Higher Deficits, Higher Government Spending, And Higher Taxes for the Wealthy.

General Leanne Mollica 17 Apr

federal budget targets rich canadians for new spending The budget focuses on helping Millennial and Gen Z voters experiencing rising housing costs and other inflationary pressures. The government has set fiscal anchors, such as keeping the deficit below 1% of GDP starting in 2027. The Canadian federal government released its 2023 budget over a year […]

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Bank of Canada Holds Rates Steady For Sixth Consecutive Meeting.

General Leanne Mollica 10 Apr

the bank of canada cautious, but a rate cut in june is possible Today, the Bank of Canada held the overnight rate at 5% for the sixth consecutive meeting and pledged to continue normalizing its balance sheet. Governor Macklem confirmed that inflation is moving in the right direction, labour markets are easing, and wage pressures […]

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5 Tips to Manage Financial Stress.

General Leanne Mollica 2 Apr

With the continued rise of inflation, interest rates and the overall cost of living, the uncertainty can be unnerving for many individuals. But don’t fret! We have some tips and suggestions to help you manage your financial stress and help you to power through these latest economic changes: Prioritize What You Can Control: It can be […]

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Tapping into Your Home’s Equity with the CHIP Reverse Mortgage.

General Leanne Mollica 27 Mar

Curious about the CHIP Reverse Mortgage by HomeEquity Bank? If you’re a Canadian aged 55 or older, this financial solution could hold the key to tapping into your largest asset, your home. It’s a unique opportunity that allows you to use your home equity for various purposes, from paying off debts to funding home renovations […]

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Great News On The Canadian Inflation Front.

General Leanne Mollica 22 Mar

The Consumer Price Index (CPI) rose 2.8% year-over-year in February, down from the 2.9% January pace and much slower than the 3.1% expected rate. Gasoline prices rose in Canada for the first time in five months, which led many analysts to forecast a rise in February inflation as seen in the US. However, offsetting the […]

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Tips to Improve Your Credit Score.

General Leanne Mollica 19 Mar

One of the important factors in home ownership is understanding things like your credit score.  Some people don’t pay much attention to this metric until they begin the mortgage discussion! However, you will find that your credit score is one of the most important factors when it comes to qualifying for a mortgage at the […]

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Canadian Employment Gains Strong in February–Up 41,000.

General Leanne Mollica 11 Mar

february job gains double forecast as unemployment rate ticks up Today’s StatsCanada Labour Force Survey for February was a mixed bag and shows the dramatic effect of surging immigration. Canadian employment rose by a much stronger-than-expected 41,000, dominated by a 71,000 rise in full-time jobs. The employment rate–the proportion of the population aged 15 and older […]

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