Canada's Condominium Magazine

Monthly Archives: November 2016

Supreme Court's dismissal of insurance company's appeal hailed as a big win for homeowners

Supreme Court's dismissal of insurance company's appeal hailed as a big win for homeowners

When a person buys insurance, he usually hopes he won’t need it. Humourist Stephen Leacock captured the ambivalence in the insured-insurer relationship when he said that he detested life insurance salesmen because they always argued that he would die one day, “which is not so.” In today’s world, insurance is an accepted part of life, and… Continue Reading

Supreme Court’s dismissal of insurance company’s appeal hailed as a big win for homeowners

Supreme Court’s dismissal of insurance company’s appeal hailed as a big win for homeowners

When a person buys insurance, he usually hopes he won’t need it. Humourist Stephen Leacock captured the ambivalence in the insured-insurer relationship when he said that he detested life insurance salesmen because they always argued that he would die one day, “which is not so.” In today’s world, insurance is an accepted part of life, and… Continue Reading

Designers, builders show their best stuff at Buildings Show this week in Toronto

Designers, builders show their best stuff at Buildings Show this week in Toronto

If it’s late November in Toronto, it must be time for The Buildings Show, billed as North America’s largest networking and educational event for the design, construction and real estate industries. The show comprises six different shows, including Construct Canada, PM Expo, the Homebuilder and Renovator Expo, World of Concrete, the Real Estate Forum Toronto,… Continue Reading

UN hopeful the world can end violence against women

UN hopeful the world can end violence against women

To commemorate the International Day for the Elimination of Violence against Women, the UN is calling for a global “conscience revolution” in order to finally solve the world’s most pervasive and persistent social problem. We know what causes this most egregious violation of human rights, a statement from the UN says: harmful traditions, customs and… Continue Reading

Mortgage rates too high? Only if you're a Millennial

Mortgage rates too high? Only if you're a Millennial

Another survey by a Canadian bank finds that some Canadian homeowners are not very secure, financially speaking. About one-quarter said that they had just $1,000 set aside for an emergency, while another quarter didn’t even know how much they had. The lowest amount of emergency funds was reported by Millennial homeowners (20–34 years old). Almost… Continue Reading

Mortgage rates too high? Only if you’re a Millennial

Mortgage rates too high? Only if you’re a Millennial

Another survey by a Canadian bank finds that some Canadian homeowners are not very secure, financially speaking. About one-quarter said that they had just $1,000 set aside for an emergency, while another quarter didn’t even know how much they had. The lowest amount of emergency funds was reported by Millennial homeowners (20–34 years old). Almost… Continue Reading

Other Popular Stories

Ten reasons why condos might be the “Goldilocks” solution to your urban home needs

Ten reasons why condos might be the “Goldilocks” solution to your urban home needs

For Toronto- or Vancouver-based home-owners “Goldilocks” may seem like a dream in the face of double digit increases in home values. Even with the recent increase in listings, and the multi-point plan by Government to cool markets, the bargains are not to be found in resale homes and condos. Goldilocks market seems like a far-off…

My boomerang story: what I learned about how to stop your adult kids from boomeranging back into your home.

My boomerang story: what I learned about how to stop your adult kids from boomeranging back into your home.

By Sassa Brown I was a Boomerang kid. I didn’t want to be. I had to be. This is my story. But first, let me explain that your kids know you are anxious to settle down and relax. They want you to enjoy yourselves in peace and quiet, with the knowledge that they raised good, well-adjusted children….

Ontario home-buyers face Goldilocks housing dilemma with 70% unable to find homes that meet their needs

Ontario home-buyers face Goldilocks housing dilemma with 70% unable to find homes that meet their needs

According to a recent report by the Canadian Center for Economic Analysis, approximately 70% of Ontario’s residents are unable to find housing that adequately meets the needs of their household.     While many residents are unable to find houses that are big enough, others are finding it difficult to locate houses that are small…

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