by Allen Ehlert | December 4, 2023 | Economy, Mortgages, Personal Finance
Many so-called experts claim as Canada’s baby boomers retire, there is a growing need for immigrants to fill the labour market. Actually, no. There are very few well-paying jobs in Canada (and you can’t survive in Canada without a well-paying job or...
by Allen Ehlert | December 4, 2023 | Economy, Mortgages, Personal Finance, Real Estate
Why You Should Avoid Choosing a 3-Year Fixed Mortgage in 2024 Thinking of getting a three-year fixed mortgage in 2024? You might want to reconsider. While some people are tempted to time the market and assume that interest rates will go down, this strategy is risky...
by Allen Ehlert | December 4, 2023 | Mortgages, Personal Finance
Interest rates in Canada have sharply increased, causing stress for Canadian households. With central bank rates at multi-year highs, mortgage holders will face significant payment increases when their mortgages reset in a couple of years. In addition, small...
by Allen Ehlert | December 4, 2023 | Economy, Personal Finance
Recent consideration by the Alberta government to withdraw from the Canada Pension Plan has ignited a heated debate. Numerous Canadians are concerned about this proposal’s potential drawbacks and effect on retirement security. In response, Alberta has launched...
by Allen Ehlert | December 4, 2023 | Economy, Personal Finance
Canadians are struggling to make ends meet amidst the strain of elevated interest rates. Many are concerned about the future due to the Bank of Canada’s decision to maintain rates. In this article, we will discuss the effects of high interest rates on...
