| | | | | | | | Welcome to our newsletter, The Friday Finale! A simple, quick snapshot of information for you! Below are recent highlights of news over the past two weeks. | | | | | | | Companies are a lot More Willing to Raise Prices now - and it's Making Inflation Worse | Corporations are a lot more willing than usual to raise their prices lately, and it's putting more of the burden of high inflation on consumers. That may not come as much of a surprise to anyone who has browsed a grocery aisle, kicked the tires at a car dealership or filled up a gas tank of late, but even the Bank of Canada is starting to take notice of the trend, as the central bank continues its battle to wrestle inflation into submission. | | What is the CPP Anyway? And Why is Alberta Leaving it Different from Quebec | The government of Alberta's plan to potentially create its own retirement plan and pull out of the Canada Pension Plan has prompted questions, concerns and confusion from any part of Canada that includes members of the existing CPP. At CBC News, readers, listeners and viewers have sent in questions or commented about what's proposed and what's to come. Here's some of what you wanted to know. | | | | Fall Markets Stuck in a low Gear Across Canada | High interest rates are exerting a growing toll on Canada’s housing markets. Early results from local real estate boards for October showed the broad softening of transaction activity continuing—as demand cooled in the face of elevated ownership costs. The strong influx of sellers seen in previous months paused in several markets (including Toronto, Vancouver and the Fraser Valley) but the trend still generally points upwards. Growing inventories—except in the Prairies—provide further evidence that the few buyers out there have more options to choose from.. | | A Third of Canada Would Re-Elect The Liberals If Mortgage Costs Fell |
Being overly indebted is as Canadian as hockey, maple syrup, and mortgage fraud. Naturally, a new poll from Abacus reveals debt costs may be the deciding factor in the next election. The poll found a third of people would change their vote and re-elect the Liberals for a cheaper mortgage. Talk about voting with their wallet, but is that even possible? If it were, does it improve or make affordability worse? Let’s dive into a simple question that may change the stability of housing and the economy. | | | | The Green Effect Podcast!
| Finance, life, business and everything in between! Brand new content with just myself gabbing away about the real estate world, personal stuff going on in my life, stories as an investor, and whatever else! Come with me on the journey inside my head. | | BLOG POST: Green Thoughts | Most Recent Blog:Budgeting Towards Homeownership
Transitioning from renter to homeowner is one of the biggest decisions you’ll make throughout your lifetime. It can also be a stressful experience if you don’t plan ahead by building a budget and saving prior to embarking upon homeownership.
| | | | | | | | | | | | | | |