Are you trying to decide whether to buy a house or continue renting? A Government of Canada website calculator tool may help you make a decision. The calculator makes two important assumptions. First, you will invest the sum of money you would have used as your down payment. Secondly, you will invest the money you save by renting rather than making mortgage payments.
http://www.ic.gc.ca/epic/site/oca-bc.nsf/en/ca01821e.html.
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