According to the Financial Post, 68% of Canadians have had to dip into emergency funds due to an unexpected event. However, fewer than half of those were able to cover the full cost. In light of this, HomeEquity Bank is excited to introduce a new product to its robust suite of Reverse Mortgage solutions, CHIP Open. […]

According to a study by Finder.com, 67.7% of Canadian parents assist their adult children financially. This may include helping them with rent (29.3%), handing out cash (38%), or contributing to larger purchases such as a down payment on a house (21%). Another reason why you may be helping out family members right now is the financial […]