When the Bank of Canada lowers its key interest rate, many expect mortgage rates to follow suit. However, while variable mortgage rates tend to decline, fixed mortgage rates can sometimes rise instead. This paradox has left many Canadian homeowners and potential buyers scratching their heads. Let’s dive into why this happens. Bank of Canada’s Latest Continue reading
Sophie Wilson
Sophie Wilson is a finance professional with a strong academic background, having studied at the University of Toronto. Her expertise in finance is complemented by a solid foundation in analytical and strategic thinking, making her a valuable asset in the financial sector.
Lotto Max Winning Numbers for Tuesday, January 28 Revealed – $20 Million Jackpot Up for Grabs!
Lotto Max players, it’s time to check your tickets! The winning numbers for Tuesday, January 28, have been released, and with a $20 million jackpot on the line, you won’t want to miss out. Find out if you’re a lucky winner and get details on the next big draw! Lotto Max Winning Numbers for Tuesday, Continue reading
Ticketmaster’s $6M Class Action Settlement Approved: Find Out If You’re Eligible for a Payout
If you purchased a ticket from Ticketmaster between 2015 and 2018, you could be entitled to compensation as part of a newly approved multi-million-dollar class action lawsuit in Canada. A Saskatchewan court has given the green light to a $6 million settlement following allegations that Ticketmaster engaged in “drip pricing,” a practice where additional fees Continue reading
Brampton Introduces New $1,000 Fines for Overcrowded Rental Units
Brampton is cracking down on overcrowded rental units with new fines and occupancy limits, aiming to improve living conditions and safety for tenants. Landlords who exceed the new limits can now face steep financial penalties under updated property standards and non-parking fine bylaws. Stricter Occupancy Limits and Fines Under the revised regulations, rental bedrooms must Continue reading
What is DeepSeek: The Chinese AI Revolution That Shook US Tech Stocks
A revolutionary AI model from China has emerged, disrupting the global artificial intelligence landscape and sending shockwaves through US tech markets. Here’s a detailed breakdown of what DeepSeek is, its game-changing innovations, and the impact it’s already having. What is DeepSeek? The Low-Cost Disruptor in AI DeepSeek is a Chinese AI company based in Hangzhou, Continue reading
5 Benefits Cheques Coming in March 2025 for Ontario Residents
Struggling to keep up with bills? March brings a wave of financial support for Ontario residents through various benefit payments designed to ease the burden. From rebates to tax credits, here’s a comprehensive guide to the payments you might be eligible for this month. 1. $200 Rebate Cheque from the Ontario Government The Ford government Continue reading
CPP: When Should You Start? A Key Decision for Retirement Security
Deciding when to begin receiving your Canada Pension Plan (CPP) benefits is a crucial retirement planning decision. Whether you opt to start early, at the standard age, or delay until later, your choice can significantly influence your long-term financial stability. Here’s a detailed breakdown of your options and the factors to consider when making this Continue reading
Ontario Premier Doug Ford Threatens to Ban US Liquor in Canada: Bold Retaliation Against U.S. Tariffs
In a fiery showdown over U.S. trade policies, Ontario Premier Doug Ford has issued sharp warnings to Washington, threatening to ban American liquor sales in Ontario stores and to cut power exports to neighboring U.S. states if proposed tariffs on Canadian goods are implemented. With tensions escalating, Ford has positioned himself as Canada’s “street fighter,” Continue reading
CMLS Launches Aveo Flex 40: Canada’s Bold New 40-Year Mortgage Revolution
In a groundbreaking move for the Canadian mortgage market, CMLS Group, now part of Nesto, has unveiled the Aveo Flex 40, a 40-year amortization mortgage designed to offer flexibility and affordability to borrowers. Initially available in Ontario, Alberta, and British Columbia, this innovative product is expected to roll out nationwide soon, marking a major shift Continue reading
Peavey Mart to Shut Down All Canadian Stores: A Legacy Comes to an End
In a move that has sent shockwaves across the retail industry, Peavey Mart, a proudly Canadian retailer founded in Winnipeg in 1967, has announced the closure of all its stores nationwide. The liquidation process has already begun, with discounts starting at 30% off across all locations. From a Local Legacy to a National Chain Peavey Continue reading