Your next big goal is to get a house, and you are planning to use credit for your purchase. Getting the amount of money required from financial institutions is mainly based upon your credit score.
In the past 10-years, surveys have overwhelmingly shown that senior Canadians want to age in place:
- Over 80% of seniors wants to live at their current home; and
- Approximately 91% want to stay in the same community during their retirement years.
The outbreak of COVID-19 continues to negatively impact Canadians. There have been layoffs, reduced hours, or loss of work entirely. For business owners, there has been a substantial reduction in business.