December 2017 Archives

Real estate: Homework necessary on presale a condos in Ontario

Dropping money on a deal for which a building hasn't seen the light of day yet is risky. Experts say when it comes to these kinds of real estate transactions in Ontario, would-be purchasers would do well to spend some time researching the developer before signing on the dotted line and shelling out a down payment on a presale condo. That advice comes as hundreds of people had their deposits returned recently on a condo development in a trendy part of Toronto that flopped due to problems with permits, financing and approvals, according to the developer.

Canada car accidents: Sports ad tries to stop texting and driving

A basketball team has made an ad to try to stop people from texting and driving. Texting and driving is a prime reason for car accidents in Canada, and Laval University's men's and women's basketball teams have teamed up with a provincial insurance organization to try to get young people to put the brakes on texting while behind the wheel. The ad shows players trying to play a game of basketball while texting at the same time. 

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