Most of you may have already heard of the mortgage stress test that came into effect in late 2017, but do you really know what it all means? Here’s the low down on how it can affect us all. 

The mortgage stress test was passed by the government to protect all borrowers and it affects all borrowers in Canada no matter what income bracket they are in.

 

Why did this happen?

First, let’s put this in to context and talk about why this new mortgage regulation was passed. The main reason for introducing this new regulation was because, Canadians were carrying too much debt and mortgages make up a large proportion of our debt. Canadian’s saw a lot of changes in the housing market in, 2016 including rising mortgage rates from The Bank of Canada. The…

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NS Heritage Day

As we prepare to celebrate Heritage Day in Nova Scotia, here is an overview of a great way to spend the day courtesy of our Client Care Coordinator, Lyndsay, mother to five kids.

The third Monday of February each year brings us our Provincial Heritage Day. This is a day for bringing people together to honour the remarkable people, events and places in Nova Scotia’s History. This year’s theme for Heritage Day is to honour our beloved Canadian Folk Artist, Maud Lewis; Maud was born and raised in Nova Scotia and lived here throughout her life until her passing in July of 1970. There have been several books, plays, and films produced about Maud Lewis. If you’d like to learn more about her, you can find some more information here: NovaScotia.ca . Most…

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It is that time of the year again, Halifax launches its annual Doors Open event on, June 2nd and 3rd 2018, 10 am to 4 pm. Doors Open Halifax is intended to make available, free access to buildings of historical, contemporary, and architectural significance to the general public. This event is hosted by, The Doors Open Halifax Heritage Society, whose goal is to generate interest in our environment, filled with beautiful iconic buildings.

Doors Open Halifax is a great family event, and is designed to show residents of Halifax what the city is all about, including its rich history and cultural artifacts. Since most of the oldest-iconic buildings in Atlantic Canada are located in Halifax, walking through these buildings gives you an idea of Canadian…

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It has occurred to me on many occasions, that, whether in a public or personal situation, the number of times that I have personally have said to someone, "Why did you do that" or it has been said to me ;) and the adult (or the child inside each of us) responded "I don't know" (IDK) I recently heard an interview with Alan Jacobs the author of "How to Think" that made me stop, open my Amazon app and order the book he was talking about.  He spoke about the "five minute rule", and I insert that section of the book for your consideration.  In today's fast paced world of life and business, where the rule is, instant response required or expected, what if we were all to adopt the "5 minute rule"?

What amazing results would occur?  Ronald Regan the actor and…

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We are excited to announce that we have now sent 2 "Kids to Camp" based on our very popular Kids to Camp-Friends and Family Referral Program! For every closed sale, we donate $21. For every referral from our past clients we donate $210 to Kids to Camp. It costs $2,100 to send an elegible child to Camp Tidnish, and remember, "all of the money raised here stays here"! 

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