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Couple holding up a key to their new home.

News

Canadians are turning to family—and credit—to stay afloat

As the cost of living climbs, financial help from family and increased credit use are becoming survival strategies for...

Canadians are turning to family—and credit—to stay afloat

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How to use FHSA and RRSP withdrawals for a home down payment in Canada

First-time home buyers in Canada can pull from savings in registered accounts to fund their down payment. Here’s how...

How to use FHSA and RRSP withdrawals for a home down payment in Canada
A man and woman consider paint chips in their new condo

Real Estate

How changes to the Home Buyers’ Plan could affect your down payment

How changes to the Home Buyers’ Plan could affect your down payment
A smiling young woman takes a selfie in her new home.

FHSA

Unsure about buying a home? Why you should open an FHSA now anyway

Unsure about buying a home? Why you should open an FHSA now anyway

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A newly renovated kitchen of a rental property

Real Estate

Down payment for a second home in Canada: How much do you need?

Second homes and rental properties have their own down payment requirements. Here’s what to expect when buying a second...

Down payment for a second home in Canada: How much do you need?
A man and woman celebrate the purchase of their second home by dancing in the living room

Real Estate

Buying a second home: How it works in Canada

Here’s what home owners and investors should know about the rules, financing options and tax implications of buying a...

Buying a second home: How it works in Canada

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A parents’ guide to home down payment gifts and loans

Many parents loan or gift money to their adult children for real estate purchases. Here are the legal and...

A parents’ guide to home down payment gifts and loans
A Canadian son with his mom, moving into the condo she helped him pay for.

MoneyFlex

6 things to consider before borrowing from the Bank of Mom and Dad for your first home

Borrowing from family can seem convenient, but there are things to think about first, like interest, taxes, family power...

6 things to consider before borrowing from the Bank of Mom and Dad for your first home

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A young Indian woman reads on her phone in a cafe

Newcomers to Canada

What is the equivalent of fixed deposits in Canada? Finance terms in Canada vs. India

What is the equivalent of fixed deposits in Canada? Finance terms in Canada vs. India

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