Toronto home prices are down 14% from a year ago, sales down 44%

Benchmark price slips to $1,078,900 in January Toronto’s composite benchmark home price tumbled 14.2 per cent while sales fell 44.6 per cent from January 2022. Photo by Brett Gundlock/National Post Rising interest rates continue to hit the real estate market across the Greater Toronto Area as the composite benchmark price and home sales both declined… Continue reading Toronto home prices are down 14% from a year ago, sales down 44%

Three important investing terms that confuse investors to their detriment

An attempt to clarify the meaning of diversification, volatility and fees Traders work on the floor of the New York Stock Exchange. Photo by Michael M. Santiago/Getty Images files “Any word that’s really important is also confusing.” Advertisement 2 This advertisement has not loaded yet, but your article continues below. REGISTER TO UNLOCK MORE ARTICLES… Continue reading Three important investing terms that confuse investors to their detriment

FP Answers: What are REITs and how do they fit into a balanced portfolio?

Here are a few things to think about before adding a REIT, or any other themed investment REITs allow an investor to hold shares in a trust that owns and manages a collection of real estate properties or mortgages, while stock investors purchase shares in the ownership of a public company. Photo by Illustration by… Continue reading FP Answers: What are REITs and how do they fit into a balanced portfolio?

A single word from the Federal Reserve chair fuels hopes of lower mortgage rates in Canada

‘The disinflationary process has started,’ says Jerome Powell United States Federal Reserve chair Jerome Powell. Photo by Elizabeth Frantz/Reuters files U.S. Federal Reserve chair Jerome Powell only had to say one word in his Feb. 1 news conference to raise hopes that mortgage rates in Canada may be heading lower. Advertisement 2 This advertisement has… Continue reading A single word from the Federal Reserve chair fuels hopes of lower mortgage rates in Canada

2 out of 5 Canadians are less hopeful of their financial futures. Here’s how your money personality could be making matters worse

WATCH NOW: Video: What does your money personality mean for your relationships? Ken Honda shares his insights. Don’t miss: This cash back app pays actual cash A low credit score can cost you thousands in interest — here’s how you can prevent that 5 mistakes Canadian parents are making with their life insurance The seven… Continue reading 2 out of 5 Canadians are less hopeful of their financial futures. Here’s how your money personality could be making matters worse

‘Nonsensical’: CRA denies taxpayer’s headhunter fees, but judge sees things differently

Jamie Golombek: CRA’s reasoning for denying headhunter expenses full of contradictions, judge says A taxpayer asked to search for a candidate to join her team by her employer had her headhunter fees denied by the CRA. Photo by Getty Images/iStockphoto Much of the discussion concerning the tax deductibility of employment expenses over the past three… Continue reading ‘Nonsensical’: CRA denies taxpayer’s headhunter fees, but judge sees things differently

Loblaw fights back after removal of price freeze draws criticism on Twitter

‘We may be the face of food inflation but we are not the cause’ Published Feb 01, 2023  •  Last updated 2 hours ago  •  3 minute read 6 Comments Loblaw’s social media team went on the defensive on Jan. 31, responding to criticism from disgruntled customers tweeting about the company and the end of the… Continue reading Loblaw fights back after removal of price freeze draws criticism on Twitter

Tim Hortons’ app users to get free beverage and baked good after Quebec Supreme Court approves class action settlement

Class action alleged the coffee chain’s mobile app breached users’ privacy Published Feb 01, 2023  •  Last updated 1 hour ago  •  3 minute read 22 Comments Under the settlement, eligible Tim Hortons’ mobile app users have been given two credits to be used to redeem one free hot beverage and one free baked good from… Continue reading Tim Hortons’ app users to get free beverage and baked good after Quebec Supreme Court approves class action settlement