Amidst the surge in real estate activity driven by historically low interest rates during the pandemic, particularly in the pre-construction market across Canada, a concerning trend has emerged. Doug Hoyes, an insolvency trustee at Hoyes, Michalos & Associates Inc., highlights a "double whammy" effect contributing to difficulties faced by an increasing number of homebuyers in finalizing their purchases. As interest rates, which were lowered to 0.25% by the Bank of Canada in... [read more]

"Mike Holmes Faces Backlash as 'Holmes-Approved' TerraceWood Homes Face Demolition Scandal" watch video Renowned contractor and TV personality, Mike Holmes, finds himself in the midst of controversy as the TerraceWood residential community, bearing his celebrity endorsement, is marred by poor construction, resulting in the demolition of multiple homes. The irony is palpable, given Holmes's commitment to exposing substandard workmanship in the building industry on... [read more]

Decoding Carbon Pricing in Canada: A Comprehensive Guide to Costs, Mechanisms, and Rebates" Canada has implemented a national pricing strategy on pollution since 2019, yet this policy remains a contentious topic, with the Opposition Conservatives indicating their intent to make it a focal point in the upcoming elections. In this article, we provide an in-depth overview of Canada's carbon pricing, shedding light on its mechanisms, costs, and the intriguing concept of... [read more]

Sharing home renovation progress on social media often compresses months of work into short videos or aesthetic photo sets. However, the truth is that extensive home projects can be draining and time-consuming, especially when stretched over a long period. If you're aiming to enhance your home without a substantial commitment, we've gathered a list of simple DIY projects that can transform the look and feel of your space without the stress. Discover our favorite one-day DIY projects and... [read more]

Refurbishing your kitchen cabinets and pondering the best approach? While simple fixes like painting and hardware updates may suffice, there's a juncture where more substantial intervention is required: cabinet refacing or cabinet replacement. In this insightful guide, we'll delve into the nuances of each, providing you with a comprehensive understanding to make an informed decision tailored to your kitchen's needs. Distinguishing between cabinet refacing and replacement is... [read more]