Monday, December 24, 2012

Holiday Hours

In observance of Christmas, my office will be closed until December 27th 2012. I will be returning all calls and emails then. Have a safe and happy holiday!

Thursday, December 20, 2012

Top 10 Places to Raise a Family In Canada- 2012

I just happened to come across this rather old article but I was amazed at how many cities in Alberta were on this list. Out of Moneysense’s 10 best places to raise a family in Canada, 5 were in Alberta! 

Top 10 Places to Raise a Family in Canada

1. Strathcona County, Alberta (near Edmonton)
2. Burlington, Ontario
3. Calgary, Alberta
4. Red Deer, Alberta
5. St. Albert, Alberta
6. Winnipeg, Manitoba
7. Regina, Saskatchewan
8. Brandon, Manitoba
9. Ottawa, Ontario
10. Edmonton, Alberta

Tuesday, December 18, 2012

Avoiding a financial holiday hangover

The holiday season is in full swing and while this should be a time of great joy, many of us end up feeling tapped out and stressed. Here’s a great article from the National Post offering suggestions on how to avoid a holiday hangover (financially).

Article: Christmas shopping tips

Tuesday, December 4, 2012

No change to prime lending rate- Bank of Canada

How many ways can you say "Bank of Canada stands pat on interest rates"? Nevermind - we're not complaining! Today the Bank of Canada announced - yet again - that it will maintain its overnight rate at 1%. This is good news for variable rate holders, and individuals who are trying to pay down debt. The reasons for the Bank's decisions are reasons we've heard before. From a global perspective, the United States is progressing at a gradual pace but being held back by the "fiscal cliff". Europe is in a recession, and China's growth seems to be stabilizing. Canada suffered a weak third quarter thanks primarily to the energy sector. Housing activity is beginning to decline, thanks in large part to the mortgage rule changes that occurred earlier this year. At the same time, the household debt burden is still growing. The Bank warns that, at some point soon, it will have to withdraw some of its monetary policy stimulus to keep inflation in check. It promises to do so gradually, however, and many experts predict it likely won't happen until the second half of 2013 at the earliest. The Bank's next rate announcement is scheduled for January 23, 2013.