General Cedric Pelletier 21 Oct
What’s driving the sharp renewal increase forecast for 2026 and how homeowners can prepare. A large wave of Canadian mortgages comes due through 2026. Bank of Canada staff estimate roughly 60% of outstanding mortgages will renew in 2025 and 2026. Five-year fixed borrowers who locked in during 2020 or 2021 face some of the biggest adjustments, […]
Read MoreMortgage Tips Cedric Pelletier 14 Oct
There’s no shortage of mortgage advice out there. From online forums to coffee shop conversations, everyone seems to have an opinion. Some of it’s helpful. A lot of it? Not so much. The truth is, the mortgage world has changed—especially in Canada. Rules, products, and opportunities evolve, but a lot of the advice being passed […]
Read MoreGeneral Cedric Pelletier 9 Oct
For many Albertans heading into retirement, the family home isn’t just where memories were made — it’s also where a big chunk of their wealth is sitting. Your home is likely your biggest asset, and while it offers stability, it can also tie up your money in space you might not really need anymore. That’s […]
Read MoreGeneral Cedric Pelletier 12 Sep
In Canada, first-time homebuyer doesn’t always mean “never owned a home.”Federal programs each define it differently—and understanding those rules can save you thousands when buying in Alberta. RRSP Home Buyers’ Plan (HBP) What it is: Withdraw up to $60,000 per couple from RRSPs tax-free for your down payment. Key rules (4-year look-back): You and your […]
Read MoreGeneral Cedric Pelletier 2 Sep
As many young Canadians head off to college and university, some will be fortunate enough to be able to tap into a registered education savings plan. By Ian Bickis They will also be benefiting from the 20% match on contributions to the plan, up to a set limit, because like other registered savings options, the government […]
Read MoreGeneral Cedric Pelletier 26 Aug
A consumer proposal shouldn’t haunt your credit file forever. Learn how long it stays on record in Canada and what steps to take if outdated remarks are still holding you back. When you’ve worked hard to complete a consumer proposal and get back on your financial feet, it’s frustrating to still see remnants of it […]
Read MoreGeneral Cedric Pelletier 22 Aug
The Tax-Free Savings Account (TFSA) is one of Canada’s most versatile financial tools. Since its introduction in 2009, it has given Canadians the ability to grow investments without paying tax on the earnings. Contributions are not deductible as they are with an RRSP, but the growth inside the account and all withdrawals are completely tax-free. […]
Read MoreGeneral Cedric Pelletier 19 Aug
For most Canadians, the path to wealth has long been tied to saving and investing for the future. But waiting decades to enjoy the fruits of your labour doesn’t appeal to everyone, especially if you’re focused on building a life with more freedom today. That’s where cash flow strategies come into play. A growing number […]
Read MoreGeneral Cedric Pelletier 28 Jul
You found a better rate. Maybe you’re moving. Or consolidating debt. On the surface, breaking your mortgage might look like a smart move. But before you pull the trigger, take a closer look at the penalty. In many cases, it can eat up most of the savings or potentially worse. This guide explains how prepayment […]
Read MoreGeneral Cedric Pelletier 17 Jul
Today’s Report Shows Inflation Remains a Concern, Forestalling BoC Action Canadian consumer prices accelerated for the first time in four months in June, and underlying price pressures firmed, likely keeping the central bank from cutting interest rates later this month. The annual inflation rate in Canada rose to 1.9% in June from 1.7% in May, aligning […]
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