I should also add with respect to pipelines from Cushing to the coast, that the difference is colossal. It would be huge for Alberta, and the numbers involved are large enough that it would impact Canada as a whole. Canada produces ~3 million barrels of oil per day, most of which is priced based...

Probably the most important thing you can do right now is keep saving that $500/month. Then, when you're finished articling (and your salary goes up) you'll have a higher income for qualifying purposes and a nest egg for down payment purposes. As your salary goes up, instead of increasing your...

Are you getting a big enough discount to justify doing structural work, or is your plan to take this information and ask for a lower price? I very much doubt an engineer will give you a report the same day. Regards, Michael

If my parents had bought a second house ~25 years ago (late 1980s) it's highly likely they would have gone bankrupt in the subsequent recession. Rents and prices both declined precipitously in Calgary at that time, and they wouldn't have been able to make two sets of payments on their employment...

Would it be legal to offer them some money to leave? If you have lots of profit tied up in these units, it might be worth paying a few thousand dollars to unlock that money. Regards, Michae

Hello, I'm not sure of the answer to your question, (I have a clause in my lease forbidding unapproved subletters), but I do know that it will depend on which province your property is in, as the residential tenancy rules vary substantially by province. If you mention where you are, I'm sure...