FP | April 22, 2009
The latest rate cut means consumers buying a house can borrow for as little as 3% interest on their loan if they are willing to buy into the Bank of Canada’s statement Tuesday that it won’t be changing rates until June, 2010. If you don’t believe the bank will hold steady on its promise, you [...]
Category: Financial Knowledge |
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Tags: Canadian Government, Financial Knowledge, Mortgage, Mortgage Rate Cuts, Personal Finance
FP | April 21, 2009
On Tuesday April 21, 2009 the Bank of Canada lowered its interest rates to a historic low rate of 0.25%. I found this article interesting, so I decided to share it with you. Posted: April 21, 2009, 11:13 PM by James Cowan In this occasional feature, the Post tells you everything you need to know [...]
Category: Financial Knowledge, Money Management |
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Tags: Bank of Canada, Canadian Government, Financial Knowledge, Financial Plan, Manage Debt, Money, Money managment, Mortgage Rate Cuts, Personal Finance
FP | March 24, 2009
Did you know the average cost to raise a child to age 18 is about $163,000 according to Vanier Institute of the Family viewed April 21,2005. The truth is most of us don’t think about the cost when we decide to expend our family with children. Children are the most expensive but rewarding additions to [...]
Category: Financial Budget, Financial Knowledge, RESP, Raising Children |
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Tags: Canadian Government, Children, Debt, GESG, RESP, Term Life Insurance, The cost of raising a child, university fee, Will