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Vacancy rate in seniors’ housing residences at 10.3 per cent

EMC News – The vacancy rate for standard spaces, which dominate seniors’ residences in Canada, decreased slightly over the past year, reaching 10.3 per cent in 2013, compared to 10.6 per cent in 2012, according to the Seniors’ Housing Report – Canada Highlights edition released by Canada Mortgage and Housing Corporation. The average vacancy rate […]

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Going Tankless

Save Energy With a Tankless Water Heater Other than space heating, most Canadians use more energy to heat water than for almost any other household activity. Finding ways to reduce hot water energy use can therefore be an important part of an overall plan to reduce household energy costs. In many Canadian homes, water is […]

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Survey Shows How People Save for a Home

According to a Real Estate Council of Ontario (RECO) survey. Among Ontarians aged 18-35 38 per cent are currently saving towards the purchase of a home. In comparison, eight per cent of those aged 35-54 and only four per cent of those aged 55+ are saving. The survey also founds that Ontarians are willing to cut […]

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Under-insured house can spell ruin…

You’ve purchased the coveted house, you’ve converted the old cellar into a basement suite and maybe even gone the extra mile with radiant-heat floors in the bathroom and a gas fireplace in the living room. After a thorough search for the perfect tenant or tenants, you sign the lease, collect the damage deposit and sit […]

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CMHC Introduces New Calculator and Mobile App for Homebuyers

CMHC has two new tools to help Canadian homebuyers make informed homebuying decisions. CMHC’s new Debt Service Calculator allows homebuyers to evaluate their financial situation and understand how much they can comfortably afford to spend on a mortgage. The easy to use calculator allows users to quickly estimate gross debt-service ratio (GDS) and total debt-service ratio (TDS), […]

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Potential Future Gaming Facility in City of Kingston

LET US KNOW YOUR OPINION On October 2, 2012 Kingston City Council passed a motion to advise the Ontario Lottery and Gaming Corporation that it is, in principal, interested in hosting a future gaming facility. City of Kingston Council with information on the results of a public online survey including the potential economic impact and a […]

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70% of young Canadians want more financial information about purchasing a home

Published November 26, 2012 Ottawa, ON, November 26, 2012 – Consumers have a new tool to help navigate the complexities and financial implications of purchasing a home. Earlier today, The Canadian Real Estate Association (CREA), and the Financial Consumer Agency of Canada (FCAC) launched the Homebuyers’ Road Map. The Road Map is available on CREA’s […]

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