5 Savvy Strategies for Making the Most of Your Year-End Bonus
5 smart ways to use a year-end bonus Are you expecting a year-end bonus? If so, you’re probably dreaming up all the ways you could spend that windfall. The average bonus was $2,447 in December 2023, according to payroll company Gusto. That’s a sizeable chunk of change — one that could put you in a […]
The Implications of the Recent Mortgage Amortization Rule on…
In a landmark decision, the Liberal government introduced new mortgage rules allowing Canadians to pay off their mortgage over 30 years, up from the previous bar of 25 years. Under the new rule, which comes into effect on Dec. 15, 2024, first-time homebuyers and buyers of newly built homes can now stretch their amortization period—the […]