Spark Financial Group
119 Westcreek Drive L4L 9N6 Vaughan, ON, Canada

Ontario businesses are downtrodden daily by Covid-19's implications, incurring constant losses and often no positive end in sight... Even when following all the mandates set out by the government, it's been a constant struggle for many owners to determine how to make it out of this pandemic intact. It doesn't have to be this way.... Contact Spark Financial Group today and ask us about commercial mortgage loans and opportunities for you to secure private lending that the major banks may not offer. www.SparkFinancialGroup.ca, Where Finance Creates Freedom See more

A Crown Corporation of the Government of Canada, CMHC is this country's national housing agency. The company contributes to the stability of the housing market and financial system while providing critical support to Canadians in housing need. If you want to buy a home with a down payment of less than 20%, you’ll need mortgage loan insurance. That's where CMHC comes in. Catch today's video for more details on this valuable institution.

Bank of Canada holds! Eight times a year, Canada's central bank meets to set its benchmark interest rate, known as the target for the overnight rate, which impacts the rates that Canadians get on things like mortgages and savings accounts at banks. Today, the institution elected to keep its benchmark interest rate steady at 0.25 per cent, sticking to its pledge to keep it "until the recovery is well underway."

The Bank of Canada is due to make its first policy decision of the year tomorrow morning, with all eyes focused on whether Governor Tiff Macklem will keep the benchmark interest rate at 0.25 per cent or reduce it even closer to zero as the country grapples with some of its severest lockdown measures yet. Set your alarm for 10AM EST, Wednesday morning as we await the Interest Rate Announcement & Monetary Policy Report.

Yesterday we ranked the GTA's market growth by comparison to this period last year. Now it's time to shed some light on what's happening east of Toronto. Durham Region is making moves as Oshawa, Whitby, Ajax, and Pickering draw in out-of-towners.

While buying your first condo is certainly a major milestone, it’s also a substantial investment that comes with a variety of obstacles. Ontario has launched a brand new "Residential Condominium Buyers’ Guide" to ensure your condo-buying process is a smooth one.

In part 2 of our debt service ratio calculation video series, we analyze your total debt service ratio (TDS). Over the next minute get up to speed on the calculations that include all your monthly payments.