Scott Grainger on LinkedIn: AgTalk — The Do More Agriculture Foundation (2024)

RBC tries to make it easier for newcomers to get a mortgage and buy a home. We’re here to help with your transition to Canadian life, whether you’re a temporary foreign worker, a foreign income earner, a permanent resident on the path to employment, or have investment income. Feel free to reach out to me.

Canada’s Growth Challenge, the latest report from RBC Economics examines why the economy is stuck in neutral. How did we get here? Slow investment is the biggest cause of low productivity. Canadian businesses invest substantially less than in the U.S. That underperformance intensified following the 2008-09 global financial crisis and through the oil price collapse of 2015 and worsened following the pandemic as higher interest rates hit the Canadian economy harder. Link to the full report: https://bit.ly/3zmO5GX

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New to Canada? We understand that starting fresh in a new country can be challenging. At RBC, we’re here to help you settle in faster with a wide range of home financing options. Plus, for a limited time, you could receive up to $4,600 in cash and Avion points with an RBC Mortgage. Offer available from March 18th to June 30th. Conditions apply. Contact me for more information.

Saving for a home or planning for retirement? Taking time to understand different registered accounts may help you save on your taxes as you build your wealth.https://bit.ly/3KKLWr3

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Given the current rental and housing markets, is it better to rent or buy today? Here’s how to find what works best for you.

For homeowners and prospective buyers in Canada, the interest rate cut is welcome news – but what does it really mean for you? Whether you’re looking to buy your first home, on track to renew this year or have a variable rate mortgage, the current interest rate environment matters. Here, we explore the impact of the interest rate cut on Canadians already in or about to enter the real estate market.

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Downsizing could give you extra room in your budget and more freedom, but it's a big decision!

Mortgage 101: How much home could you afford?As you start out on your journey towards home ownership, the first step should be to see how much home you could afford.

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Canada will allow 30-year amortization for first-time buyers’ mortgages. Finance Minister Chrystia Freeland said the government would allow the amortization period on insured mortgages for first-time homebuyers purchasing newly built homes. The measure will take effect on Aug. 1. The Canadian Home Builders’ Association has advocated for the longer period, saying five years more would help with affordability and speed up construction. The government also nearly doubled the amount first-time buyers can withdraw from RRSPs to buy a home to $60,000 from $35,000 as of April 16.

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