12 May

Manufacturing Employment Plunged as Tariffs Weakened the Economy

General

Posted by: Ryan Roth

Friday’s Labour Force Survey for April showed a marked adverse impact of tariffs on the Canadian economy. Early evidence suggests that the slowing economy will be the primary fallout of tariffs, with upward pressure on prices a secondary impact. The central bank’s actions will mitigate inflation while gradually lowering interest rates. Today’s weak report sets […]

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5 May

Understanding Mortgage Penalties

General

Posted by: Ryan Roth

Many homeowners—especially those without a mortgage broker—don’t fully understand mortgage penalties. And I get it! Financing a home can be overwhelming. But if you’re considering refinancing, selling, making a lump sum payment, or need a way out, read this first. The most common mortgage penalty my clients encounter is a prepayment penalty. Did you know? […]

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30 Apr

Canadian Housing Market: What the Liberal Minority Means for You

General

Posted by: Ryan Roth

With Canada’s recent federal election resulting in a Liberal minority government, you might be asking what this means for real estate. Liberal Housing Promises That Matter The Liberals pledged to double housing construction to 500,000 homes annually, eliminate GST on new homes under $1M for first-time buyers, and reduce construction red tape. But remember—minority governments […]

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14 Apr

Unlock Tax-Free Cash with a Reverse Mortgage

General

Posted by: Ryan Roth

As you enter retirement, financial stability may be at the top your mind. Whether you’re looking to cover unexpected expenses, help family members, or simply enhance your lifestyle, having access to additional income can make a difference. For Canadian homeowners aged 55 and better, a Reverse Mortgage can provides a smart, flexible way to access […]

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6 Apr

Weak Canadian Job Creation Is The First Fallout From The Trade War

General

Posted by: Ryan Roth

Today’s Labour Force Survey for March was weaker than expected. Employment decreased by 33,000 (-0.2%) in March, the first decrease since January 2022. The decline in March followed little change in February and three consecutive months of growth in November, December and January, totalling 211,000 (+1.0%). The employment rate—the proportion of the population aged 15 and older—fell 0.2 percentage points to 60.9% in March. This partially […]

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31 Mar

Variable-Rate Mortgages: What You Should Know

General

Posted by: Ryan Roth

Shakespeare might have thought ‘to be or not to be’ was the ultimate question, but he wasn’t living in 2025 trying to minimize bank fees and interest charges while maximizing financial returns—and having to pay $9 for a clamshell of raspberries. This month, we’re tackling a modern dilemma: ‘Should I get a variable or fixed […]

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24 Mar

Global Tariff Uncertainty Sidelined Buyers

General

Posted by: Ryan Roth

Canadian existing home sales plunged last month as tariff concerns moth-balled home buying intentions. According to data released Monday by the Canadian Real Estate Association, transactions fell 9.8% from January. Activity was at its lowest level since November 2023. Benchmark home prices declined 0.8%, and new listings plunged, more than reversing January’s gains. Housing continues […]

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19 Mar

Canadian Inflation Surged to 2.6% in February, Much Stronger Than Expected

General

Posted by: Ryan Roth

The Consumer Price Index (CPI) rose 2.6% year-over-year (y/y) in February, following an increase of 1.9% in January. With the federal tax break ending on February 15, the GST and HST were reapplied to eligible products. This put upward pressure on consumer prices for those items, as taxes paid by consumers are included in the CPI. While the second straight acceleration in the […]

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9 Mar

Fraud Awareness Month: Scams to Avoid

General

Posted by: Ryan Roth

Did you know? March is Fraud Awareness Month, making it the perfect time to learn how to protect yourself and your mortgage from fraud. Understanding common mortgage scams and how to recognize warning signs can make all the difference in safeguarding your financial well-being. Common Mortgage Fraud Scams One of the most frequent types of […]

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