A Status Certificate is a short report on the current status of a condominium corporation. If you are buying a resale condominium, it is important that your agreement of purchase and sale is conditional, upon review of the Status Certificate by your lawyer. The Status Certificate provides valuable information directly from the condominium corporation, examples of such information include arrears or increases in common expenses; Whether any major work needs to be done to the building(s); The... [read more]

We already know that a healthy lifestyle is a major factor in living a long life, but new studies show that having hobbies and staying socially active is equally important for seniors. It has long been known that a nutritious diet, exercise, and positive health choices all contribute to helping seniors feel more energetic. In fact, emerging research into longevity indicates that mental and social activity is just as critical as physical activity when it comes to... [read more]

"We found that sleep, mood, and stress are all important factors in determining a sense of control, and in whether older adults feel they can do the things they want to do," said study co-author Shevaun Neupert. She is a professor of psychology at North Carolina State University. "This finding is important because when older adults begin to lose their sense of autonomy, it can lead to changes in behavior that adversely affect their health and well-being," Neupert... [read more]

Those who choose to continue to work after retirement often do so to challenge themselves, pursue a passion or stay active and engaged in their community. Others choose to find a second career not out of choice, but because they’ve realized that their savings and social security benefits are not enough to get by, or they have family members who need their financial support. Second Careers for Seniors Out of choice or necessity, here are some of the careers that seniors are... [read more]

If you spend most of the winter outside Canada, you may want to explore the opportunity to rent out your Canadian home while you’re away.  Renting out your Canadian residence can have a number of benefits, including helping to cover the costs of your winters away. The extra income can be used to supplement or even offset the cost of your winter home or rental. Another benefit is that your home will be lived in and therefore you won’t have to find someone to inspect it daily... [read more]