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How can hard inquiries affect your credit report?

Sometimes consumers are afraid of checking their credit reports as they worry about the influence it will have on their credit scores. Although checking your own credit report will in fact lead to an inquiry, it will not have an impact on your credit...
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Benjamin Tal doesn’t think a remote work trend will last for long

Because of the COVID-19 pandemic, many Canadians switched from the downtown city cores to working from home. Nevertheless, according to Benjamin Tal, deputy chief economist at CIBC World Markets Inc., workers predicting a long lasting trend of remote work may be exaggerating. In his...
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Housing renovations boom may help Toronto with its supply issue

We’ve been noticing the following scene in Toronto’s inner suburbs more often lately: construction crews add second floors to old bungalows as homeowners want more space for their larger families. However, according to the supporters of affordable housing, it could help the city benefit from the...
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Condo sales in the GTA go up by 90%

The first 14 days of January saw the GTA’s condo market heating up, as sales through MLS reported an annual gain of 90%. “We can see a strong demand recovery. Condo listings rose by 66% over the previous year, but it’s interesting to see...
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Real estate market remains hot, Canadians keep piling on their mortgage debts

Even in spite of the COVID-19 pandemic, Canadians have been piling on their mortgage debts, as they try to cope with the changes of the housing market, which started slowing in the second half of the previous year. According to Statistics Canada, household mortgage...
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