Our Blog
Read our latest articles and case studies to learn how we help our clients save on investments, mortgages, and taxes.
Debt Consolidation
One situation that is very easy to solve as mortgage broker, but much harder through a bank, is a debt consolidation. Life is expensive and quickly getting more expensive. Consumers have taken on more consumer debt and continue to do so because of the higher prices...
Policy Mistakes
Last year, the Bank of Canada and central banks globally were committed to the idea that inflation was transitory and once supply chain issues were resolved prices would return to normal. In Canada this was especially strange given the Bank of Canada only mandate was...
First Time Home Buyers Plan
Home ownership is a great way to build financial security. After 25 years, you could own a house that is paid off, and has likely increased in value significantly, or you could have paid a lot of money in rent and have nothing to show for it. For First Time Home...
Retirement Mortgages
With the increase in home prices Canadians have experienced over the last decades, home equity has become an increasingly important source of capital and income for many Canadians in retirement. Since home equity is available on a tax-free basis (unlike pensions or...
Interest Rate Update – Bank of Canada
Yesterday (June 1, 2022) the Bank of Canada’s raised its overnight rate by 0.5% to 1.25% and 5-year government of Canada bonds are now yielding around 2.95% up from around 2.65% prior to their announcement. The 50-basis point increase from the Bank of Canada was...
The Cash Dam
The Cash Dam is a simple but powerful tax strategy that allows the owner of a rental property (or small business) to convert their non-deductible mortgage on their home to a tax-deductible credit line. I use this technique to help of our real estate investor clients...
Should You Lock in Your Mortgage Rate?
Having spent 15 years working in capital markets with foreign exchange and interest rates derivatives, prior to becoming a mortgage broker and financial advisor, I have extensive experience assessing what the market is telling us about the future direction of interest...
Small Signs of Change in Toronto Housing as Inventory Levels Surge
While it’s not yet showing up in the data, realtor contacts are widely reporting a significant decline in the number of bidders on properties, as well as an increase in the number of failed bidding wars. Inventory levels are still low, but here’s where the story gets...
First Time Home Buyer Plan
What is the Home Buyers’ Plan? The Home Buyers’ Plan (HBP) is a program that allows you to withdraw up to $35,000 (per individual) from your registered retirement savings plans (RRSPs) to buy or build a qualifying home for yourself or for a related person with a...
Where Has All The Housing Supply Gone?
If you’ve been house-hunting this year, you may have noticed that it’s been slim pickings for listings on the MLS. Check out this infographic for more information.