Planning her first major home renovation in the summer of 2009, Tina Davies felt like she was awaiting her first baby: excited, nervous and not sure what to expect. The project would plunge the Toronto makeup artist’s household into chaos for five months, but once it was done, her family of three would have a [...]

That’s what folks at the Bank of Canada (BoC) wanted to know. It led them to undertake an extensive study on mortgage discounting. A draft of that study was released this month and below are its conclusions. All quotes that follow originate from the paper’s authors: Jason Allen, Robert Clark and Jean-François Houde. According to [...]

While No-Frills mortgage products typically offer a lower – or more discounted – interest rate when compared with many other available products, the lower rate is really their only perk. This type of product will only seem ideal for you if you have no plans to take advantage of benefits that will help you pay [...]

The Canadian dollar gave up early gains and moved lower after the Bank of Canada’s announced it was leaving interest rates unchanged and warned of the negative effects of a rising currency. The loonie was 0.12 of a cent lower to 102.82 cents US after the central bank announced its decision to keep the key [...]

Forbes – Jacqueline Mitchell Motorists looking to save on a litre of gas needn’t drive across province lines in search of cheaper prices at the pump. The answer is right under the hood. That’s because more frequent air filter changes can improve your vehicle’s gas mileage by as much as 10%, the Car Care Council says. The [...]