Canada’s vast and diverse landscape means its residents experience a wide range of climates. This naturally brings the question: can a heat pump effectively replace a traditional furnace in the country? Here’s what you need to know. Understanding Canada’s Climate: From the milder conditions of Vancouver to the icy winters in Winnipeg, Canada’s climatic range […]
Many Canadian Homeowners Rethink Mortgage Decisions Amidst Rate Increases
While homeownership is widely regarded as a favorable long-term investment by Canadians, many face unforeseen challenges and expenses during their journey. The rapid surge in interest rates over a year, combined with inflationary pressures, has led numerous homeowners to second-guess their mortgage decisions. A study by The Real Estate and Mortgage Institute of Canada (REMIC) […]
Net Good by CIRA: Bridging the Digital Divide for Homeowners in Remote Areas
As a homeowner living in a remote area, accessing high-quality internet services might seem like an impossible dream. However, with the launch of Net Good by CIRA, there is hope on the horizon. Net Good by CIRA is a new program that aims to bridge the digital divide and address some of Canada’s pressing internet […]
Preparing for Economic Uncertainty: How Canadian Homeowners Can Safeguard Their Finances
As economic conditions worsen in Canada, the largest banks in the country have set aside almost $2.5 billion to prepare for an expected increase in credit and loan losses. This is the biggest buffer for credit losses since the first year of the pandemic, when the banks built up provisions before government financial supports and […]
Zero Emission Vehicle Infrastructure Program (ZEVIP)
Transportation accounts for approximately 25% of Canada’s greenhouse gas emissions (GHG), of which almost half comes from passenger cars and light trucks. The Government of Canada is steadfast in its conviction that the electrification of Canada’s light-duty vehicles and a shift to cleaner fuels are key to the decarbonization of our transportation sector. In fact, […]
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