A reverse mortgage is an increasingly popular way for Canadians aged 55 and older to access the equity they’ve accrued in their homes. Reverse mortgages can provide financial flexibility and peace of mind, particularly for retired homeowners living on fixed incomes. But there’s a lot to consid...
Homeowners have the option to cut their energy costs by tapping into their own stored electricity during peak usage periods, or use the Lithium-ion battery as a backup in the event of a power-outage or blackout. Panasonic energy saving and storage innovations far exceed existing Building Code...
The Home Buyers Plan is a government program that allows Canadian homeowners to withdraw up to $60,000 from their RRSPs to help fund a first home purchase.
For those renewing in 2025, the current rates are still much higher than pre-pandemic levels and with ongoing cost of living increases, like groceries and gas going up, many homeowners are concerned they won’t make their payments and risk losing their home. However, by starting the mortgage...
Canadians are facing rising home insurance premiums—and climate change is a big reason why. Severe weather events like hurricanes, hail, and heavy rain are happening more often and causing more damage. And natural disasters such as wildfires and floods are also on the rise, leading to increased...
In offering Green Clean, Furnace King’s Anthony Damiani hopes to make indoor air filtration as affordable and ubiquitous as air conditioning. “Indoor air pollution is a serious enough threat to Canadians’ health, that our own government is warning against it,” he said. “The Green Clean HE...
The slow uptake is partly because solar energy funding variesprovince-to-province, and the overall cost is still out of the range of many homeowners and businesses. Some consumers and experts are calling for governments to be more proactive in encou...
bills as much as 60% lower than similar-sized homes in the same community. If you might generally expect to pay $2,000 to heat your home through the cold months, bills in the $1,000 range are what many in-floor heating homeowners are experiencing. But remember, your mileage may vary....
In today’s economy, Canadians are house-rich but cash-poor. Put simply, they have a lot of equity in their homes but not enough money in their bank accounts. As a result, homeowners turn to their credit cards to make mortgage payments, pay the energy bills, and put food in the refri...
Many Boomers refuse to retire at the traditionally expected age. According to a recent Bankers Life study, 40 per cent of Boomers still in the workforce plan to delay retirement past the age of 69, if not indefinitely. Stats Canada reports the number of Canadian...