Photo: The Canadian Press The Canadian Real Estate Association has downgraded its home sales forecast for this year and next as fewer buyers jump into the market. The association said Friday that it expects 464,239 properties to trade hands this year, a 6.8 per cent decrease from last year. It also now predicts 516,043 being…
Category: Business News
Can You Protect Your Child’s Inheritance From Their Spouse?
Many of our clients want to plan for their children’s future, when drafting their estate plans. However, some of our clients are concerned about their child’s spouse accessing the inheritance. We can help you stay on top of the latest news that affects your everyday life. Subscribe to stay up to date. (To subscribe to…
China’s economy misses growth forecasts, raising the odds of more support for its edged recovery – Business News
Photo: The Canadian Press China’s economic growth missed forecasts in the second quarter of the year, adding to worries over surging youth unemployment and a weak property sector and raising the likelihood the government will double down on support for the faltering post COVID-19 recovery. The world’s second largest economy grew at a 6.3% annual…
Nearly 2,400 stores are closing across the US in 2023. Here’s the full list.
Bed Bath & Beyond closed 896 stores in 2023.Ben Tobin More than a dozen major retailers have said they will close US stores in 2023, a combined total of 2,373 locations. Amazon, Bath & Body Works, Walmart, and Foot Locker are among the chains shutting down stores. Bed Bath & Beyond closed 896 locations amid…
Renewing a mortgage this year? Here’s what the latest rate hike means for you
Like many homeowners, Ian Marsden has been following what the Bank of Canada has been up to lately quite closely. He bought a house in Calgary in 2018 on a five-year, fixed rate loan, at about three per cent. He went with a 25-year term, and because he chose an accelerated biweekly payment plan, each…
Can You Prevent Telehealth Fraud?
Telemedicine has continued to thrive in a post-pandemic world, but with the expansion of services comes the expansion of fraud. We can help you stay on top of the latest news that affects your everyday life. Subscribe to stay up to date. (To subscribe to our blog click here). The Office of Inspector General (“OIG”)…
Threads collect so much sensitive information it’s a ‘hacker’s dream,’ experts say – Business News
Photo: The Canadian Press This photo, taken in New York, Thursday, July 6, 2023, shows Meta’s new app Threads. Meta’s new social media platform Threads is gobbling up massive amounts of sensitive data on its 100 million users and counting. THE CANADIAN PRESS/AP-Richard Drew It knows when you’ve been online shopping, the last time you…
Business owner arrested, charged in $9 million San Francisco investment fund fraud
A federal grand jury in San Francisco has indicted a business owner for defrauding investors and a bank to the tune of over $9 million, the US Department of Justice said Monday. Joon Woo Kim, 57, of the City of Montebello in Los Angeles County, was arrested Monday in New Haven and appeared in US…