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Posted by: Tarang Patel
The Canadian economy continues to show marked resilience to high-interest rates. Statistics Canada released data this morning showing real GDP rose at an above-consensus 3.1% annual rate in the first quarter of this year. The estimate for April growth was also firm, a harbinger of continued strength in Q2. The combined drags of the public […]
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One of the quickest ways to take back control of your finances and understand where your money is going is to create a monthly budget. This will help you get a snapshot of your income compared to your spending, and provides an avenue to review outgoing costs and determine areas for improvement to help you […]
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There are programs available to help first-time buyers get into their home and tax credits/rebates that can assist with closing costs and other home-related expenses. Tax-Free Home Savings Account – COMING SOON! Starting in 2023, financial institutions can begin to offer an account that will allow qualified first-time homebuyers under the age of 40 to […]
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There are several different ways a borrower can qualify for a mortgage when it comes to their income. One of the most common ways is known as income qualified. All of the following methods of employment income are under the income qualified umbrella: Annual salary income employees Full time employees working guaranteed weekly hours Part […]
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