Blog

The FCT blog aims to answer your industry questions, examine current market trends and provide key information on the value of our products and services.

The FCT blog does not represent a single author or opinion. Instead, it represents the collective voice and experience of FCT’s dedicated niche experts.

EasyFund

Jan 16th, 2020 | FCT

EasyFundTM has been adopted by many legal professionals across Canada as the easiest method to manage the transfer of real estate closing funds online. It reduces the need for certified cheques, bank…

Is it a good idea to use your RRSPs for a down payment on a house?

Jan 2nd, 2020 | FCT

When you’re looking to purchase your first home, one of the first hurdles you’ll need to clear is putting together enough money for a down payment. Depending on where you live in…

Faulty wiring leads to major stripping

Jan 9th, 2020 | FCT

When a homeowner in Saskatchewan contacted SaskPower to inspect a power issue she assumed resulted from poor power supply to her home, she never imagined it would mean the gutting of her…

Happy Holidays!

Dec 12th, 2019 | Michael LeBlanc

It’s that time of year again. A time for celebrating and a time for giving. It’s also a time to remember those around us who are in need. At FCT, we are…

Coffee break with Tanya Fowler

Dec 5th, 2019 | FCT

Tanya was one of the first eight employees to join FCT. When she started, her role at FCT was as a customer service representative in our Residential Solutions division. She is in…

The case of the missing $20,000

Nov 28th, 2019 | FCT

What would you do if a typo left you $20,000 short? According to a recent article in the New Westminster Record, an ongoing lawsuit is based on this question. The article describes…

How to save for a down payment faster

Nov 21st, 2019 | FCT

In Canada, you need a minimum of 5% as a down payment when you purchase a home under $500,000. That means that on a home costing $500,000, you’d need at least $25,000…

The real estate industry is evolving and so are we

Nov 14th, 2019 | FCT

What has all our experience taught us, here at FCT? That innovation and adaptation are crucial to being customer centric. We’ve dedicated ourselves to that belief over the years, expanding beyond title…

Tips to help you get out of debt faster

Nov 7th, 2019 | FCT

While the household-debt-to-income ratio slightly decreased to 177.1 per cent in the second quarter of 2019, Canadians still owe $1.77 in debt for every dollar they earn. We have a whopping cumulative $2 trillion…

What resources can help Canadians improve their financial literacy?

Nov 1st, 2019 | FCT

In 2017, 60% of Canadians failed to pass a financial literary test consisting of true and false questions. Worse still, close to 80% of the participants rated themselves as financially literate. Clearly,…