Mortgages by Carolann Young

Carolann Young || February 07, 2023

What should you focus on this tax season: your mortgage or your RRSP?

Now that the holidays are behind us, we’re quickly approaching the next period that brings our finances into focus—tax season.A common question I receive from homeowners is, should I put money in my...

Carolann Young || February 06, 2023

British Columbia’s “cooling-off period” now in effect

As of January 1, 2023, British Columbia became the first jurisdiction in Canada to implement a rescission period for real estate transactions, also known as a "cooling-off period.” The amendments...

Carolann Young || January 30, 2023

Bank of Canada hikes rates by 0.25%, but is now likely to hit the pause button

The Bank of Canada delivered its eighth consecutive rate hike on Wednesday, January 25, but said it would likely now pause to assess the impacts of its rate hikes to date. As expected, the Bank...

Carolann Young || January 26, 2023

Bank of Canada Raises Rate by 25 bps

The Bank of Canada raised its key lending rate by 25 basis points this morning, bringing it to 4.50%.This is the eighth consecutive rate increase from the Bank of Canada, which has now increased the...