November 24, 2022

Everyone is choosing renting over owning a house, even the high-income earners

Buying or renting property is one of the most controversial topics. Some people believe that renting is a waste of money and does not contribute to any form of equity build-up or investment.   While it may all depend on your lifestyle and your needs, the increasing interest rates are […]
November 8, 2022

Rental Agreement: Rights and Duties of Landlords and Tenants

In a rental agreement, landlords’ rights and responsibilities go hand in hand with the tenants. Each province in Canada has its own residential tenancies regulations known as the Residential Tenancy Act (RTA). RTAs regulate rental prices, eviction procedures, and the obligations of both tenants and landlords in maintaining and repairing […]
November 7, 2022

The average rent across Canada increased 15 percent compared to 2021

The average cost to rent an apartment increased by 15.4 percent from September 2021 to September 2022, according to the latest national rent report from rentals.ca. On a month-to-month basis, average rent increased by 4.3 percent. This monthly increase is the highest since 2018, as per the report. The monthly […]
October 26, 2022

How do Credit Bureaus calculate your Credit Score?​

Your purchasing behavior is very much dictated by your creditworthiness. Keeping a good credit score gives you the bargaining power to request better credit cards or loan deals. You may be able to negotiate lower interest rates. Also, increase your chances of being approved for new credits and increase your […]
October 6, 2022

Understand what Credit Score means for newcomers in Canada

You’re new to Canada and you are not familiar with Credit Scores because in your previous country of residence being in debt is either frowned upon or people only take credit when needed. This is the complete opposite in Canada. The Canadian credit-driven economy prioritizes credit in regular everyday transactions. […]
Sign in