Mindblown: a blog about philosophy.

RRSP contributions reduce taxable income, but withdrawals are taxed later, making it ideal for retirement. TFSA allows tax-free withdrawals, offering flexibility for savings and investing without tax implications.

Mortgage brokers provide access to more deals than banks, including exclusive and non-public lender offers.They offer personalized advice based on income, credit, deposit, and property type.

60% of Canadian mortgages renew by 2026, with most facing higher payments due to rate hikes. Homeowners renewing 5-year fixed terms in 2025 face average monthly payment hikes of $300.

Home prices in Canada are projected to fall by 3.2% in 2025 due to economic uncertainty. TD Economics downgraded forecasts after weaker-than-expected sales and price declines in Q1 of 2025.

Average asking rents in Canada dropped by 4.8% in Mid-Q1, reaching their lowest level since July 2023. Despite declines, rents remain 5.2% higher than in 2023 and 16.9% above pre-COVID levels.

Canada’s spring housing market is slowing due to economic uncertainty and U.S. tariff concerns affecting buyers and sellers. Home sales dropped 9.8% in Mid-Q1, with prices declining 3.3% and new listings falling 12.7%.

In February 2025, home sales in Canada fell to their lowest level since November 2023 amid trade war uncertainty. February home sales ↓ 10.4% yearly and ↓ 9.8% MoM on a seasonally adjusted basis.

Toronto's housing market is facing a sharp decline, with sales and new construction slowing significantly. The multi-unit housing sector in Toronto saw a steep drop, impacting overall housing start figures.