Useful Information for Newcomers: Renting vs Buying in Canada

Credit to Author: TD| Date: Wed, 20 Nov 2024 16:20:34 +0000

For newcomers to Canada, finding a place to live may be a top priority. With many housing options available, it can be hard to choose between renting and buying and you might wonder whether a short-term or long-term solution is better for you. In this article, we will explore the benefits and drawbacks of both […]

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The five most important things to know about renting in Canada

Credit to Author: Lakeem Rose| Date: Thu, 24 Oct 2024 12:00:15 +0000

Newcomers may be unfamiliar with important information about renting in Canada. For example, tenants can enjoy many protections under some provincial rental regulations, but may fail to take advantage these protections if they haven’t learned about them. Moving to Canada? Sign up for our special newsletter! To give you the tools to navigate this foreign […]

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Can you afford to live in Canada?

Credit to Author: Lakeem Rose| Date: Wed, 23 Oct 2024 12:00:04 +0000

The settlement funds that IRCC recommends will help you survive, but how much do you need to thrive in Canada? Settlement funds exist to ensure that recent immigrants can cover basic living expenses while finding work and a place to live. The cost of living on the other hand is often much higher, with conservative […]

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Comparing rental costs across Canada

Credit to Author: Asheesh Moosapeta| Date: Mon, 15 Apr 2024 13:00:29 +0000

Increased housing costs have been a recurring theme across Canada over the last few years. This has led the government to take multiple steps to help ease these costs over the next few years. These measures include a recent announcement by Prime Minister Trudeau promising an additional $15 billion CAD in federal loans for upcoming […]

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What can newcomers expect from Budget 2024?

Credit to Author: Edana Robitaille| Date: Fri, 12 Apr 2024 13:00:24 +0000

Prime Minister Justin Trudeau, as well as several Liberal ministers, have made announcements regarding what can be expected from the upcoming Budget 2024. The Budget, which is set to be tabled to Parliament on April 16, is released annually and helps set the tone for how Canada will be governed in the coming year. In […]

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Rents in Canada increased 9% in 2023 to record high

Credit to Author: Julia Hornstein| Date: Thu, 25 Jan 2024 13:00:44 +0000

According to the Rentals.ca January 2024 Rental Report, average asking rents for all residential property types in Canada reached a record high of $2,178 at the end of 2023. This number represents an increase of 8.6% from the end of 2022 ($2,005). Discover if You Are Eligible for Canadian Immigration Over the past two years, […]

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The most (and least) expensive cities for renters in Canada

Credit to Author: Julia Hornstein| Date: Wed, 29 Nov 2023 14:00:14 +0000

The November 2023 Rentals.ca Rent Report was recently released, examining the average rent for 1 bedrooms and 2 bedrooms in 35 cities across Canada. Discover if You Are Eligible for Canadian Immigration The report explains that rent in Canada has increased by $175 in the past six months, and for the sixth month in a […]

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What are your rights as a tenant? How to rent your first home in Canada

Credit to Author: Julia Hornstein| Date: Mon, 26 Jun 2023 12:00:17 +0000

As a newcomer to Canada, it is likely that your first home will be a rented house or apartment. It is important to understand your rights as renter to ensure that renting your new home will provide you with a safe place where you can begin to adjust to your life in Canada. Discover if […]

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