Tag Archives: life

New mortgage rules may affect future home buyers Life,News

By: Kylie Vaillancourt New mortgage rules coming into effect Monday might make buying a house in the future a struggle, especially for first-time home buyers. Mortgage applicants will have to undergo a “stress test,” which will evaluate an individual’s ability to make payments at a higher interest rates. The test was already in place for some

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Canadian consumer debt increasing Business,News

By Nicole Campea and Jessica Paiva The overall consumer debt in Canada grew to $1.36 trillion in the third quarter of 2013, up from $1.3 trillion, according to a study released Monday by Toronto-based Equifax Canada. The study finds that total consumer debt balances, excluding mortgages, increased by 3.7 per cent in Q3 2013 to

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Public umbilical cord bank opens in Ottawa Life,Sci/Tech

By Raquelle Collins Canada’s first-ever public blood bank for umbilical cord blood is taking donations Monday at an Ottawa hospital. The $48 million project is developed and managed by Canadian Blood Services and will expand nationally to  Vancouver, Toronto and Edmonton hospitals. Canada is the only G8 country that did not offer public umbilical cord banks until Monday. Liat

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