bank of mom and dad

Thinking of gifting a down payment this holiday season? Here’s what you should know

December 22, 2024 No Comments

With the holiday season in full swing, many Canadians are focused on gift giving. For some, that includes helping loved ones take their first steps toward homeownership with a financial contribution for their down payment.

Boundaries, communication are key for parents running the Bank of Mom and Dad

October 18, 2024 No Comments

In a world of sky-high home prices and rising cost of living, many parents are inclined to financially help their adult children. But experts say parents need to lay out clear guidelines before their children tap the Bank of Mom and Dad to ensure they don’t put their own retirements on the line.

Sky-high house prices? Parents to the rescue

August 9, 2017 No Comments

With housing affordability declining across Canada, one trend is on the rise: parents are increasingly helping their adult children when it comes to housing. That

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bank of mom and dad

Thinking of gifting a down payment this holiday season? Here’s what you should know

Boundaries, communication are key for parents running the Bank of Mom and Dad

Sky-high house prices? Parents to the rescue

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