Archive | Personal Finance

What Millennials Really Think About Homeownership

Millennials have really captured the attention of those in the housing and mortgage loan industry. Everyone is trying to get inside the head of millennials to figure out when, why and how they plan to enter the housing market. It makes sense too, after all, millennials are at the age when people traditionally look to ... Continue Reading

More Than Half of Millennials Do Not Have Life Insurance

More Than Half of Millennials Do Not Have Life Insurance

TD survey reveals there’s a gap in the financial picture for millennials: life insurance. From paying off student debt and managing day-to-day expenses to buying a house and starting a family, millennials have plenty to consider when it comes to financial planning. However, a new survey from TD suggests that many are overlooking life insurance. ... Continue Reading

Canadians Love Their Loyalty Cards, but Sitting on $16 Billion in Unused Points

Canadians love their rewards credit cards and loyalty programs and it's becoming increasingly clear just how much we are, and aren't, using them. A new study by Bond Brand Loyalty shows the average Canadian participates in 12.2 loyalty programs, up a whopping 25 per cent in just four years. However, many of us are not ... Continue Reading

Ontario Introduces Measures to Cool Hot Housing Market

Ontario Introduces Measures to Cool Hot Housing Market

The Government of Ontario is trying to cool the jets on a hot housing market. As reported by the Ontario government, the average house price in Toronto reached $916,567 in March 2017, which is up 33.2 per cent from last year. To put the entire situation in perspective, RBC Economics said housing affordability for the ... Continue Reading

Protecting Your Points: Ontario Says No to Expiry Dates on Loyalty Cards

If you're one of the 22 million Canadians who own a loyalty or points card and you live in Ontario, the provincial government is taking extra measures to protect you and your rewards. A private member's bill has passed in the Ontario legislature amending its Consumer Protection Act that bans expiry dates on rewards points. ... Continue Reading