It is no secret that the five largest chartered Canadian banks dominate the market and have 149 years of history behind them. Toronto-Dominion Bank, Bank of Nova Scotia, Bank of Montreal, and Canadian Imperial Bank of Commerce are a few of these banks and it is no wonder that they carry a dominant market share. …
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Dealing with mortgage payment increases
One of the most important financial decisions an adult will ever have to make in their lifetime is that of obtaining a mortgage. With the fluctuations in the market and, for Canadians, with the recent changes in the Bank of Canada’s interest rate, mortgage payments can suddenly increase in size as new interest rates exceed …