Author: SeniorsHub
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How Canada’s Hot Economy Masks a Growing Mortgage Time Bomb
By Latif Nizamani Canada’s latest economic metrics present a picture of strength. Headline figures show a 3.3% annualized GDP growth rate, strong exports, and a notable surge in corporate profits. To casual observers and policymakers, these metrics suggest an economy firing on all cylinders. However, a deeper examination reveals a stark disconnect between high-level statistics…
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Canadian Home Prices Fall: Why It’s Still Hard to Buy?
By Latif Nizamani The Greater Toronto Area (GTA) housing market is undergoing a significant transition. Following the rapid interest rate increases of the past few years, home sales slowed considerably. More recently, however, declining new listings and lower borrowing costs have begun to stabilize the market. While overall inventory has started to tighten, market conditions…
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Critical Considerations for Adding Your Child to Home Title
By Latif Nizamani Thinking of Adding Your Child to Your Home Title? Read This First Many Canadian homeowners are advised to add an adult child to the title of their home as a way to simplify estate planning and potentially reduce probate costs. While this strategy may be appropriate in certain situations, it is important…
