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.
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…
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…
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…
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…
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…
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,…
In the past, appraisers spent vast amounts of time scouring data sources for public records as well as previous and current listings. To gather information on one property, an appraiser would take…
Over 260 million members worldwide rely on credit unions for their financial services. At FCT, we understand the integral role that credit unions play in their communities. We serve over 95% of…
Did you know that a new homeowner can be free from the worry of replacing major features of their home for a year or so after buying it? That’s the peace of…
Since 2015, FCT has been proudly running a scholarship program to help deserving youth across Canada offset some of the financial challenges that come with attending college or university. The scholarship was…
