David Yeoman's (daveyeoman) Blog

Candy, just the thought of it brings a huge smile to a child's face. But it also strikes fear into the hearts of parents.Besides tasting good, candy has few redeeming qualities (although, maybe tasting good is enough). Many people believe that candy is a major contributor to tooth decay. In addit...

Land Transfer Tax ImplementationOn October 22, 2007, Toronto City Council approved a new land transfer tax which takes effect on February 1, 2008. More details on implementation will be available at Executive Committee on October 29, 2007. For all purchasers: one-half of one percent of the value ...

Canadian Boomer Resilience: 84% Not Scared Off Real Estate Despite U.S. Housing Downturn- 21% of Canadian baby boomers plan to make a real estate purchase in the next three years, according to a recent Mortgage Intelligence survey -Eight out of ten (84%) Canadian baby boomers, aged 41-61, state t...

OTTAWA - The Bank of Canada today announced that it is maintaining its target for the overnight rate at 4 1/2 per cent. The operating band for the overnight rate is unchanged, and the Bank Rate remains at 4 3/4 per cent.Against a backdrop of robust global economic expansion and strong commodity p...

As part of our effort to keep you apprised of Canadian Mortgage Market conditions, please be advised that there is continued pressure to increase interest rates on Fixed Rate Mortgages.  Major banks have already begun to increase posted rates by approximately 25 bps on the five year fixed rate.A ...

THIS INCLUDES YOUR VENDORS!  They will also become Purchasers very soon so be sure to get both Vendors and your current Prospects Pre-Approved (in writing) for a period of at least 120 days.  They will thank you for the time you took to make them aware of this very important rate information whic...

                                                          For each new morning with its light,   For rest and shelter of the night,    For health and food, for love and friends,    For everything Thy goodness sends.    - Ralph Waldo Emerson The leaves are starting to turn and the air is getting c...

Prepare for the Canadian Invasion, Cramer warnsJim Cramer, the world's loudest stock market commentator, figures Toronto-Dominion Bank's audacious $8-billion-plus plan to buy New Jersey's Commerce Bancorp Inc. is just the start of a coming blitzkrieg of U.S. takeovers by other Canadian banks, fue...

It's far from over, suggests Benjamin Tal of the CIBC.The news from the US subprime space will get much worse in the coming year, with default rates surging to unprecedented levels. But what really counts for the market is how much of this bad news is already reflected in current prices. It turns...

You may think these ten rules are unnecessary. But if you ignore them, you make it easy for the wrong people to use your cards.Never leave your cards unattended at work. There are more credit card thefts in the workplace than in any other single location. If your credit card is programmed to acce...