20 May 2020

Holy ….. smokes.   Let me explain before I react.   CMHC is the government body that insures mortgages. To put it in the simplest of terms, when CMHC insures a mortgage, it means the bank essentially does not have any risk when it issues the loan. Of course there’s some risk carried by the bank but…

05 May 2020

First off – hope you’re all doing well. I know #COVID19 is not the best time for everyone out there. As the data keeps coming, things seem to get better, so let’s keep being smart and responsible! In the meantime… a rant. Why the hell are mortgage penalties so wildly different for the exact same…

15 Oct 2018

One of my favorite daily emails is from The Hustle, and it’s exactly what it sounds like – an email championing hard work, innovation and creativity to get ahead in the world.  This weekend, The Hustle decided to break down the most lucrative side-hustles (although in America, but we can extract the numbers for Canada)…

01 Oct 2018

If you asked me the last week of September, I would’ve told you that the chances that Canada would be part of a new NAFTA were 50/50. Fast forward a few days later and it looks like our team did a good job of holding their ground, and, we do have a deal now!  Why…

18 Jan 2018

Introduction: New Year, New Rules, New Ways to Master the Market Happy New Year! So, it’s 2018 – the year of the dreaded stress test in the Canadian mortgage market. Should we worry? Well, it depends. There’s still opportunity and energy in the Toronto homebuying market, and by following some straightforward, common-sense steps, anyone buying…