Speaking of Money… It’s Financial Planning Week

Speaking of Money… It’s Financial Planning Week October 17-23 is Canada’s third annual Financial Planning Week and as part of its campaign to get more Canadians engaged in their financial wellbeing, Financial Planning Standards Council (FPSC®) hit the streets to...

Trying to Make Sense of Rate Increases!

Many lenders have raised their interest rates on 5 year and longer fixed rate mortgages. Why is this happening? Banks lend more money than they take in through deposits.  In order to meet the demand for customer loans, they borrow money in financial markets. To ensure...