BC floods: Victim says insurance only covered $30K after house was destroyed

MERRITT, BC — A survivor of last year’s catastrophic British Columbia flooding is warning others to check her insurance policies after she said she received a payout of just $30,000 when her home, valued at $414,000, was destroyed. Pam Velt, whose home collapsed into the Nicola River last November, said she and her husband, Paulus, … Read more

The feds create a new tax-free account for first-time home buyers

Craig Wong, The Canadian Press Posted Thursday, April 7, 2022 at 5:59 pm EDT Last Updated Thursday April 7, 2022 5:59 pm EDT OTTAWA – Canadians looking to save a down payment to buy their first home will have a new tax-free savings account to use starting next year. The federal government announced the Tax-Free … Read more