THUNDER BAY – LIVING – Does your house need major repairs? According to My Choice Insurance, 7.5% of the homes in Thunder Bay fall in this category. The disparities in home maintenance across cities in Ontario may have a bearing on home insurance rates in the province.
An internal study conducted by MyChoice, drawing from the 2021 Census data, revealed varying maintenance needs among households. Thunder Bay tops the list, with 7.5% of households reporting the need for major repairs, while Vaughan stands at the opposite end of the spectrum with only 2.5%. Major repairs encompass significant issues such as
London police are warning the public about a scam that can see fraudulent liens on personal property and mortgages taken out in an unsuspecting person’s name.
The word of caution comes after a Londoner discovered a $40,000 loan in their name, that they had not consented to.
The fraudulent incident happened between December 1 and 16 after a man claiming to work for a heating and cooling business offered the owner of a home in the area of Egerton and Vauxhall streets a free in-home energy saving inspection. The homeowner agreed and two men showed up to the house to
Two men faces fraud charges after a resident fell victim to a home-repair scam that left them with a $40,000 loan in their name, police say
Two men face fraud charges after a London resident fell victim to a home-repair scam that left them with a $40,000 loan in their name, police say.
The alleged fraud happened between Dec. 1 and Dec. 16, after a man claiming to work for a heating and cooling business offered a homeowner
“We are constantly considering ways we can be more all-encompassing, helpful partners to our clients,” said
Photo: Nolan Issac
A new report finds many Canadians are struggling to keep up with home repairs, including residents of Mississauga.
Higher home costs with increased mortgage rates due to Bank of Canada key interest rate hikes mean many homeowners are looking for ways to cut back.
The Bank of Canada key interest rate now sits at five per cent — the last increase was in July.
The report from MyChoice, an insurance comparison rate comparison website, also finds that Home Equity Line of Credit rates, as of December 2023, now exceed 7.5 per