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Category: Personal Finance

Rent vs Buy: Which is Better in 2024 in Victoria BC

Rent vs Buy: Which is Better in 2024 in Victoria BC

Victoria, British Columbia is a highly desirable place to live. Dubbed the “Garden City of Canada,” Victoria’s lush, natural beauty, mild climate and lively cultural scene attract visitors and new residents from all over Canada and beyond.  Because it is so desirable, Victoria is also very expensive. It is expensive to rent here, and it

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Canadians Will Not Retire

Canadians Will Not Retire

More and more Canadians worry that they will continue working and never officially retire. According to data published for Canada 150 celebrations, about half of Canadians who are working past the age of 60 choose to do so – but the other half must continue to work to meet their essential expenses. Retirement Income in Canada

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Canada’s Top Ten Most Affordable and Top Ten Least Affordable Cities for 2024

Canada’s Top Ten Most Affordable and Top Ten Least Affordable Cities for 2024

In a continuing trend, British Columbia is still the least affordable region in Canada to live in, led by Vancouver and Victoria. Vancouver is the least affordable city among major international housing markets, trailing only Hong Kong. The Demographia International Housing Affordability Survey considers affordability based on a “median multiple”. The median is the middle point in

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Is Debt Consolidation a Good Idea in 2025?

Is Debt Consolidation a Good Idea in 2025?

Household debt is on the rise in British Columbia. If you have multiple loans, is consolidating them a good idea? We work out the pros and cons.

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