Economic News Jag Dhamrait 1 Nov
The Canadian economy is showing continued signs of slowing as inflation decelerates. This opens the door for a continued pause in rate hikes. Indeed, with any luck, the Bank might have finished its tightening cycle. One more rate hike is possible, especially if continued Middle East tensions lead to a sustained oil price increase, but […]
Read MoreHome Tips Jag Dhamrait 15 Oct
It is hard to believe October is half done already! Even though Fall has already started, there are a few things you can do still to ensure your home is well-prepared for the season. Whatever your plans, a quick check of your home will ensure there are no surprises! Examine Your Gutters: This time of year […]
Read MoreEconomic News Jag Dhamrait 1 Oct
As we round the corner into October, now is a great time to touch base about what to expect in the marketplace this Fall! As you may have heard, The Bank of Canada opted to maintain its policy rate at 5% as of September. The recent rate hikes over the spring and summer have slowed […]
Read MorePersonal Finance Jag Dhamrait 20 Sep
Financial independence is a critical skill for future success that your children will not learn anywhere else. Not only does financial literacy help your children have more success in life, but it allows them to move out sooner and it avoids delaying your retirement with additional expenses to support them. So, how do you teach […]
Read MoreMortgage Tips Jag Dhamrait 10 Sep
When it comes to purchasing a home, most offers include “conditions” (or “subjects” if you are in the provinces of British Columbia or Manitoba), which are requirements or criteria to be met before the sale can be finalized and the property is transferred. Some of the most common conditions include: Financing approval Home inspection Fire/home […]
Read MoreEconomic News Jag Dhamrait 1 Sep
The Bank of Canada has a single mandate—to ensure that inflation returns to the 2% target. This means that the Bank will raise interest rates if inflation is too high and lower interest rates if inflation is too low. The U.S. Federal Reserve, in contrast, has a dual mandate—to maximize employment given a 2% target […]
Read MoreHome Tips Jag Dhamrait 20 Aug
With the current interest rates and economic scenarios, many Canadians may be looking for ways to bring in some extra cash. One option for this is to put your home equity to work and consider renovating your basement into a legal income suite! You can do this by using a secured credit line (home equity […]
Read MoreGeneral Jag Dhamrait 10 Aug
It’s the season of outdoor parties and a summer BBQ is the perfect way to enjoy time with friends and family! For some tips on how to make this year’s get-together your best one yet, check out my list below: Set the Mood: String up fairy lights, plug in a radio with some of your […]
Read MoreEconomic News Jag Dhamrait 1 Aug
The Bank of Canada remains staunch in its battle against inflation, utilizing its primary weapon—the overnight policy rate—which has escalated from 25 basis points to 500 bps since March 2022. This historically low overnight rate was a direct consequence of the COVID-19 pandemic and implementing measures to cushion the economic impact of the lockdowns. These […]
Read MoreMortgage Tips Jag Dhamrait 21 Jul
Not all insurance products are created equal. It is important to understand all the different insurance products to ensure you have proper coverage. Below are the main insurance product options you will encounter with homeownership, and what they mean: Default Insurance: This insurance is mandatory for homes where the buyer puts less than 20% down. […]
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