Survey results suggest most Canadians feel now is a great time to buy a home
Balance and stability, two words that recently seemed foreign and unlikely, at least in reference to the Canadian Housing Industry.
The Canadian residential mortgage market crossed the $1-trillion threshold for the first time this year as higher prices forced many to borrow heavily to finance their new homes and low interest rates encouraged many more to refinance.
Canadians made 2.7 million overnight trips for pleasure to the U.S. between January and March, and spent $2.9 billion during their visits, according to data released Thursday by Statistics Canada.
No-fee chequing accounts are the great idea that just won’t click in Canada.
Truth is, they haven’t worked out great for banks or consumers in the U.S. market, either. And yet, online bank ING Direct will introduce a new chequing account Wednesday that charges no monthly fee, period.