B.C. tenants evicted for landlord's use after refusing large rent increase to take over neighbouring suite
Ashley Dickey and her mother rented part of the same Coquitlam duplex in three different decades under three different landlords.
Are we facing a critical moment and potential financial tipping point for Canadians as many deal with the "COVID reality" and the "new normal" of life as we know it?
According to a new report by the Canadian Payroll Association, for millions of Canadians who remained on the payroll since March 2020, the pandemic seems to have been a financial windfall. But now, their gains may be at risk.
Working from home has resulted in reduced costs from commuting, childcare and the virtual disappearance of many forms of discretionary spending.
In fact, according to the 2021 Canadian Payroll Association Annual Survey of Working Canadians, 53% have been able to save more money than a year ago, and fewer (36%) are living paycheque-to-paycheque than at any time in the past 13 years.
The question remains, however: will the frugal new behaviours forced upon us during the pandemic translate into habits that stick?
And the habits are impressive.
More than 70% report they now spend less than their net pay in a typical pay period, representing an all-time high and an increase of 11% since 2019.
More than 40% have been able to put more than 10% towards savings and that is up from 34% in 2019. An even more significant 79% say they are now able to come up with $2,000 in the event of an emergency, and 48% say they could deal with an unexpected expense of $20,000.
These data points are not only encouraging, they are liberating. Decreased spending and living within your means will reduce stress and household vulnerability when living paycheque-to-paycheque.
A separate survey conducted by MNP in April, found that 53 per cent of respondents were $200 or less away from not being able to pay a bill or debt.
So a report like this from Canadian Payroll Association reinforces that financial flexibility achieved through less spending can provide families with the financial wiggle room they need to deal with a sudden and unexpceted expense.
Ashley Dickey and her mother rented part of the same Coquitlam duplex in three different decades under three different landlords.
MPP Sarah Jama was asked to leave the Legislative Assembly of Ontario by House Speaker Ted Arnott on Thursday for wearing a keffiyeh, a garment which has been banned at Queen’s Park.
A man who fell into a crevasse while leading a backcountry ski group deep in the Canadian Rockies has died.
A Montreal-area family confirmed to CTV News that the body of their loved one who died while on vacation in Cuba is being repatriated to Canada after it was mistakenly sent to Russia.
A new survey by Dalhousie University's Agri-Food Analytics Lab asked Canadians about their food consumption habits amid rising prices.
After Prime Minister Justin Trudeau said the federal government would still send Canada Carbon Rebate cheques to Saskatchewan residents, despite Saskatchewan Premier Scott Moe's decision to stop collecting the carbon tax on natural gas or home heating, questions were raised about whether other provinces would follow suit. CTV News reached out across the country and here's what we found out.
A Montreal actress, who has previously detailed incidents she had with disgraced Hollywood producer Harvey Weinstein, says a New York Court of Appeals decision overturning his 2020 rape conviction is 'discouraging' but not surprising.
A B.C. man has been found not guilty of assaulting two RCMP officers – with the court finding he was resisting an "unlawful entry and arrest" in his home before he was tasered, taken down and hauled away in handcuffs.
A rural Manitoba school trustee is facing calls to resign over comments he made about Indigenous people and residential schools earlier this week.
Mounties in Nanaimo, B.C., say two late-night revellers are lucky their allegedly drunken antics weren't reported to police after security cameras captured the men trying to steal a heavy sign from a downtown business.
A property tax bill is perplexing a small townhouse community in Fergus, Ont.
When identical twin sisters Kim and Michelle Krezonoski were invited to compete against some of the world’s most elite female runners at last week’s Boston Marathon, they were in disbelief.
The giant stone statues guarding the Lions Gate Bridge have been dressed in custom Vancouver Canucks jerseys as the NHL playoffs get underway.
A local Oilers fan is hoping to see his team cut through the postseason, so he can cut his hair.
A family from Laval, Que. is looking for answers... and their father's body. He died on vacation in Cuba and authorities sent someone else's body back to Canada.
A former educational assistant is calling attention to the rising violence in Alberta's classrooms.
The federal government says its plan to increase taxes on capital gains is aimed at wealthy Canadians to achieve “tax fairness.”
At 6'8" and 350 pounds, there is nothing typical about UBC offensive lineman Giovanni Manu, who was born in Tonga and went to high school in Pitt Meadows.