The vice is tightening for many Canadian households!If your mortgage is maturing this year, you may find the following:- Your interest rate is higher- Your payments are higher- You do not have the option to roll other consumer debt into your mortgage because your home has decreased in valueFor some, the news is even more concerning:- Your private mortgage lender refuses to offer a renewal-  ...

I’m not one who thrives in large gatherings but Friday night I was glad I made the effort to show up!  Every summer I head to rural Cape Breton where I have a spot on the water, not far from my Mom’s family. She was one of seven kids so there are a lot of friends and family in the area; especially in the summer months when everyone comes home. On this night I was headed to the local ha...

I was recently hired to write an expert witness report for a case that perfectly illustrates the domino effects of the real estate correction that started in 2022. As you may recall, the Bank of Canada began to raise interest rates in the spring of 2022, signalling the beginning of the end to the real estate party that had been going on since the start of the Pandemic. From March to October 20...

About seven years ago I stumbled into songwriting. It wasn’t a calculated decision; it was on a whim and a prayer. For me it was therapeutic and a new challenge. It allowed me to use a completely different part of my brain that was probably well on its way towards atrophy. I was fortunate to find Murray Foster and the Toronto Songwriting School. Murray and his co-pilot, Mary Krause, have creat...

Back in my late twenties I had the privilege of playing hockey with a Canadian icon, Mr. Paul Henderson. We played Monday, Wednesday, and Fridays at noon hour at the old barn in Oakville on Kerr Street. To my clients, I was at a “lunch meeting", but for me it was a time to get some exercise while learning from a bunch of guys that were ten to twenty years my senior. It was a diverse bunch includi...

Sometimes, the most valuable thing an expert witness can provide is a reality check.I had a call the other day with a litigator and their client. The day before, the lawyer had sent me a brief summary of their case as they were considering retaining me as an expert witness.The conversation lasted only 15-20 minutes, but in that time, I was able to offer some key insights. Their theory hinged on t...

Tomorrow, Canadians across the country will head to the polls to cast their votes in the federal election. It's a moment that always fills me with a mix of pride, hope, and reflection. This year is extra special; I get to watch my daughters navigate their relationship with voting and democracy. I have two daughters who are now of voting age. I have tried my best to instill in them the importan...

I was in the dentist’s chair last week for what should have been a quick fix: replace a cracked filling, in and out. But as the drill started, I realized something wasn’t right. I could feel everything. Even the air flow from the suction was causing pain. After a few painful seconds, I raised my hand and asked, “Is it true that redheads need more freezing?” My dentist paused, gave me a...

If you’re self-employed and planning to buy a home in 2025, you may already know this journey can come with more hoops to jump through compared to salaried employees. But here’s the good news: qualifying for a mortgage is absolutely possible! You just need to be prepared, understand how lenders think, and work with the right mortgage professional. Why It’s Tougher for Self-Employed Borrowers ...

Have you ever worked with someone who clearly knows the rules but can’t actually solve the problem in front of them? They can recite the process, follow the checklist, and quote the policy but when your situation doesn’t fit the mold, they’re stuck. These are what we call order takers. In the world of mortgages, the difference between an order taker and a probl...