The Difference between an A lender and B lender

Hello! Welcome to a quick lesson on the ABC's of Lending. Growing up, all I knew were the usual suspects when it came to banks. Canada's Big Five Banks: Toronto Dominion (TD), Royal Bank of Canada (RBC), Bank of Nova Scotia (Scotiabank), Bank of Montreal (BMO) and Canadian Imperial Bank of Commerce (CIBC). I remember…

“Let’s Talk!” Investing in Stocks

Hi Everyone! Happy Sunday I hope you have had an enjoyable and productive weekend. I am super excited to be able to share this post with you all. This is our first post in the "Let's Talk!" Blog Series. The Q & A for this post was with an old friend and colleague (let's call…

A Mortgage: The Largest Loan a Bank Will Give You, Without a Business Plan

For some people, the idea of a "mortgage" can be overwhelming and a little scary. If you are anything like I was in my twenties, my initial reaction to any talk of mortgages was simply "I don't get it and I will always be a renter in Toronto". I never thought I would own property…