0 Comments This & That: Elections, Van Halen, and more

It’s been a few weeks since my last blog post – it must be summer that’s causing the tardiness. Or, it just might be that I have nothing of interest to write about lately. I’ll go with the first excuse, but I can say this: I have learned a few things over last the two weeks. So if you will indulge me, here’s what I’ve learned.

Mortgages and Real Estate are not all things evil; especially when you’re trying to get re-elected. There’s an election around the corner in Canada, and it’s time for promises from all the candidates (most of which will never be kept). One of the first promises made on the campaign trail by Steven Harper, Canada’s Prime Minister, was to allow first time homebuyers to draw up to $35,000 from the RRSP for a down payment, up from $25,000. Why? “For most Canadians, the family home is their biggest asset and their most significant investment in their future financial security. It’s also the center of their lives,” said Harper. Gosh darn it, why didn’t we think of that? (more…)