New Statistics Canada data shows investors made up almost one third of homeowners in some provinces in 2020.
With the spring break travel season approaching, those looking to flee the cold, wet Canadian snow for sunnier skies will likely be met with a hefty price tag for their getaway, with inflation and increased demand pushing costs up.When selling a home, Canadians may be exempted from paying capital gains tax on a residential property -- if it's their principal residence. On
News.ca, personal finance contributor Christopher Liew explains what's determined as a principal residence, and what properties are eligible for the exemption.The Bank of Canada hiked its key interest rate by a quarter of a percentage point Wednesday, bringing it to 4.5 per cent. Here's a look at what the rate means, how analysts are interpreting it and what it could mean for consumers.The federal government's latest TFSA contribution limit increase took effect as of January 1, 2023.
News.ca looks at some of the skills that will be most in-demand in 2023.
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