Financial Post Staff
It's Friday, June 26. Here are the top stories we’re following today.
Condo Fees Are Out of Control: Here's How Buyers Can Keep Them in Check
Condo fees only go one direction, and if they climb too fast they won’t just dent your monthly budget and shrink what a bank will lend you; they can drag down your condo’s resale value, writes Robert McLister. Buyers should scrutinize the reserve fund study and ask about recent fee increases to avoid surprises.
Oil and Mortgage Rates Surrender Gains
Oil has surrendered its gains from the U.S.-Iran war and mortgage rates are starting to follow suit. A shrinking inflation premium is dragging bond yields lower and fixed-mortgage funding costs are obediently following them down, writes Robert McLister. This could provide relief for homebuyers who have faced rising rates in recent months.
Co-Ownership After Divorce: Would It Be a Mistake to Buy a Property With My Ex-Husband?
While buying an investment property with your ex-spouse is uncommon, if you do it, just make sure you go in with eyes wide open. If co-mingling assets after separation or divorce, it is essential to put a clear co-ownership agreement in place, experts say. Without it, financial and legal complications can arise.
Why Most Workplace Investigations Are Costly, Damaging and Futile
Workplace investigations have become less a search for truth than a shield against blame, writes Howard Levitt. What began as a useful tool has become a thriving industry, but many investigations are costly, damaging, and ultimately futile, often failing to resolve issues or protect employees.
Taking Advantage of Canada's Untapped Energy Source
Energy efficiency delivers a rare triple dividend: stronger energy security, lower costs and greater economic competitiveness, all while supporting local jobs. Canada has a vital role to play in this changing energy landscape, from conventional energy supplies to clean energy technologies and the critical minerals that will underpin the industries of the future, writes Fatih Birol.
