Dominion Lending Centres Synergy Financial

17/04/2024

A not-unexpected pre-election 'tax and spend' budget...

Federal Budget Targets Rich Canadians For New Spending The budget focuses on helping Millennial and Gen Z voters experiencing rising housing costs and other inflationary pressures. The government has set fiscal anchors, such as keeping the deficit below 1% of GDP starting in 2027. The Canadian feder...

06/12/2023

A peaceful morning and no surprises at the Bank of Canada...

The Bank of Canada Held Rates Steady and Took A More Neutral Tone It was widely expected that the Bank of Canada would maintain its key policy rate at 5% for the third consecutive time. It will continue to sell government securities (quantitative tightening) to normalize its balance sheet. Market pa...

27/07/2023

Is the FHSA on your watch list? Perhaps it should be...

From retirement savings to giving to the next generation with warm hands, two planning experts explore creative options

07/06/2023

Maybe expected but not fun for many! Here's a great article about today's Bank of Canada 0.25% rate increase:

First National is one of Canada's largest non-bank mortgage lenders, offering both commercial mortgages and residential mortgage solutions.

27/03/2023

One of a few fabulous "fraud awareness" videos from our lender partner Home Equity Bank. Amazing "deep fake"...

Imagine your house being sold without you even knowing. In this episode, a deepfake will show you how to stay in control of your home's security.

24/03/2023

A HUGE thank you to the many who responded so kindly to our birthday computer glitch yesterday! My apologies for the error, yet I wanted to let you know that your emails were really lovely to receive and I do indeed hope that you enjoy a wonderful day and all the joy your heart can hold...

23/03/2023

Always such a balancing act: immigration is vital to Canada in many ways and is also adding pressure on our housing market...

Canada's population increased by more than a million people for the first time in history in 2022, almost entirely due to a surge in immigrants and temporary residents, Statistics Canada said on Wednesday.

02/03/2023

** Proceed With Caution **
Good info about HELOCs / SLOCs...

Amid heightened interest rates, some Canadians might continue to rely on home equity lines of credit (HELOCs) and one credit counsellor said it can be a good borrowing tool if used correctly.

01/03/2023

Hopefully some relief in store...

The new plan will be announced in spring 2023 and will provide further details on how funds will be spent

24/02/2023

Worth sharing and reading, particularly if you are looking for ways to decrease credit card debt... thanks Enriched Academy for sharing!!

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