2/14/2023 | Posted in Canada Living by Sheru Asnani
  SHARE

As Canada prepares to ramp up immigration levels, a new report says the country will need to build 50 per cent more housing than what's already being planned.

... More

Canada needs to build 50 per cent more homes as Ottawa plans for higher immigration levels: report

  1/27/2023 | Posted in Canada Living by Sheru Asnani
  SHARE

Local officials and investigators say that the trend is especially apparent in two provinces

... More

Mortgage fraud on the rise in major markets

  1/11/2023 | Posted in Canada Living by Sheru Asnani
  SHARE

The federal government is offering a new tax credit to help make it easier for Canadians to care for adult relatives in their own homes.

... More

Federal tax credit for multi-generational home renovations now available to Canadians

  1/3/2023 | Posted in Canada Living by Sheru Asnani
  SHARE

New immigration numbers show Canada has again set a record for permanent residents, welcoming 431,645 new permanent residents in 2022. What are the effects of the current ... More

Canada welcomed record number of immigrants in 2022

  11/1/2022 | Posted in Canada Living by Sheru Asnani
  SHARE

The federal government is planning a massive increase in the number of immigrants entering Canada, which will have a huge effect on the real estate market.

... More

Feds reveal plan to welcome 500,000 immigrants per year by 2025

  10/14/2022 | Posted in Canada Living by Sheru Asnani
  SHARE

Many economists say a mild recession is on the cards as they look ahead to 2023.

... More

Here's how a recession could affect your work, housing and expenses

  9/30/2022 | Posted in Canada Living by Sheru Asnani
  SHARE

Personal finances of millions of Canadians are worsening, and more people are concerned about their high levels of debt

... More

More Canadians living paycheque to paycheque with growing debt

  9/12/2022 | Posted in Canada Living by Sheru Asnani
  SHARE

New data from Statistics Canada shows that Canadians are sliding deeper into debt.

... More

Canadians are falling deeper into debt: Statistics Canada

  9/7/2022 | Posted in Canada Living by Sheru Asnani
  SHARE

Overall consumer debt hit a new record high in the second quarter and some people may be overwhelmed by inflation.

... More

Millions of Canadians could default on debts warns TransUnion

  7/30/2022 | Posted in Canada Living by Sheru Asnani
  SHARE

These circumstances create one of the greatest lifetime wealth-building opportunities for millennials and Gen Z.

... More

High inflation and rising interest rates are a financial opportunity for young people

  6/30/2022 | Posted in Canada Living by Sheru Asnani
  SHARE

This trend could spur further growth in the Canadian housing market

... More

RBC: Immigration surge in the offing

  6/24/2022 | Posted in Canada Living by Sheru Asnani
  SHARE

Majority of supply gap found in Ontario and British Columbia, agency says

... More

Canada needs 5.8 million new homes by 2030 to tackle affordability crisis, CMHC warns

  6/7/2022 | Posted in Canada Living by Sheru Asnani
  SHARE

The first quarter marked the fifth consecutive deterioration in housing affordability, and the worst drop yet, according to National Bank of Canada.

... More

Housing affordability had its worst decline

  5/3/2020 | Posted in Canada Living by Sheru Asnani
  SHARE

Canada is officially in a recession that's been caused by the COVID-19 pandemic, the C.D. Howe Institute's Business Cycle Council declared Friday.

... More

It's official - Canada's economy is in a recession, C.D. Howe says

  4/15/2020 | Posted in Canada Living by Sheru Asnani
  SHARE

Nearly four-fifths of Canadians expect the economy to worsen over the next few months.

... More

Consumer confidence is suffering an unprecedented decline

  4/1/2020 | Posted in Canada Living by Sheru Asnani
  SHARE

How to stay safe if venturing outdoors for essential reasons during COVID-19.

... More

Staying Safe during COVID-19

  3/18/2020 | Posted in Canada Living by Sheru Asnani
  SHARE

The Government of Canada is taking immediate, significant and decisive action to help Canadians facing hardship as a result of the COVID-19 outbreak.

... More

Canada's COVID-19 Economic Response Plan: Support for Canadians and Businesses

  3/16/2020 | Posted in Canada Living by Sheru Asnani
  SHARE

Prime Minister Justin Trudeau has announced the federal government will close its borders to most people who are not Canadian citizens or permanent residents as part of its ... More

Canada to close borders to most foreign nationals, except Americans

  2/27/2020 | Posted in Canada Living by Sheru Asnani
  SHARE

In 2018, the median after-tax income of Canadian families and unattached individuals was $61,400.

... More

How much does the average Canadian family earn?

  1/2/2020 | Posted in Canada Living by Sheru Asnani
  SHARE

Most Canadians held back from increasing their debt burden in 2019 and 1 in 5 say debt repayment is their top financial priority for 2020.

... More

Canadians are cutting back on debt amid fears of recession

  12/18/2019 | Posted in Canada Living by Sheru Asnani
  SHARE

There will be growth for the Canadian economy in the next two years as the country avoids recession.

... More

No recession in 2020 says Conference Board of Canada

  12/3/2019 | Posted in Canada Living by Sheru Asnani
  SHARE

Contribution room accumulates beginning in the year in which a person turns 18

... More

2020 TFSA limit announced
Ask Sheru Asnani

Thinking of buying or selling a property, or have a question regarding the real estate market? Fill out the form below and I'll get back to you promptly.