Homeowners Facing Increased Mortgage Payments and High-Interest Rates | Mortgage Renewal Options

Thousands of mortgages come up for renewal every year in Canada. By March 2025, 31% of Canadian homeowner's mortgages will be up for renewal. Mortgage rates have risen rapidly since March 2022 and as a result, many mortgage holders will…

Employed People Turn to Food Banks in Canada

Many Canadians are being pushed to their financial brink, unable to afford the basic necessities. Wages aren’t keeping up with the cost of living, and more people are turning to homeless shelters, social services, and food banks in Canada. Food…

Canadian Inflation Rates: How Rising Rates May Affect You

Inflation causes the cost of living to go up. This can make essential items like food and fuel more expensive. When you have to spend more on everyday items there is less money to go around for things like debt repayment. If you’re struggling to make ends meet, reach out to a LIT for help today.

household debt

Homeowners Facing Increased Mortgage Payments and High-Interest Rates | Mortgage Renewal Options

Employed People Turn to Food Banks in Canada

Canadian Inflation Rates: How Rising Rates May Affect You

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