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image showing an illustration of a condo and texts providing condo maintenance fees

What Do Condo Maintenance Fees Cover In Canada?

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by Enoch Omololu, MSc (Econ)

Condo maintenance fees are mandatory payments for all condominium unit owners. They’re collected and managed by the condo’s board of directors to allocate toward various expenses such as building maintenance, …

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image showing an illustration of a conventional mortgage

What is a Conventional Mortgage in Canada?

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by Enoch Omololu, MSc (Econ)

When you take out a mortgage in Canada, one of the main factors to consider is whether you would prefer a conventional or high-ratio mortgage. But what exactly are conventional …

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