CIBC chief calls for tax changes to help young Canadians struggling to save money

Tuesday Jun 10th, 2025

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CIBC chief calls for tax changes to help young Canadians struggling to save money

Victor Dodig, CEO of CIBC, is putting a bold idea on the table — and it could have a real impact on the financial futures of young Canadians. At a recent Globe and Mail conference, Dodig called for targeted tax changes to help Canadians under 30 build up meaningful savings — especially for buying a home. His proposal: raise the basic personal exemption for young people to $75,000, but only if they’re actively saving (at least $15,000 in registered accounts like a TFSA or... [read more]

How to Navigate Toronto Real Estate as a First-Time Homebuyer

Friday Oct 6th, 2023

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How to Navigate Toronto Real Estate as a First-Time Homebuyer

As Canada’s largest city, Toronto offers many opportunities for newcomers, from its booming tech industry and financial services to a rich cultural scene. Buying a home here is a long-term investment that can offer significant financial rewards over time. The Toronto Real Estate Market is a bustling and competitive landscape that has proven both lucrative and challenging for potential homebuyers. However, if you’re a first-time homebuyer, you may find this market overwhelming.... [read more]

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