Windsor in Top 5 of mortgage-free homeowners in Canada: report
Windsor has the fifth highest rate of mortgage-free homeowners in Canada, according to a study by Casivoo.
The report says 42.8 per cent of homeowners are mortgage-free. From a total of 118,940 private households, 50,880 have paid off their mortgages and 68,065 have not - 57.2 per cent.
Thunder Bay, Ont. was found to have the highest rate of mortgage-free homeowners at 47 per cent. Peterborough, Ont. lands second place and St. Catharines - Niagara comes in third.
Barrie, Ont. comes in last, with 31.8 per cent of homeowners having paid off their mortgage.
Online gambling experts at Casivoo analyzed 2021 data from Statistics Canada on the number of private households in the country and their status. This included owners with a mortgage, owners without a mortgage, renters and subsidized housing. The areas with the highest percentage of mortgage-free homeowners were used to determine the ranking.
CTVNews.ca Top Stories
Canadians across the country mark Remembrance Day
Canadians gathered Monday in cities and towns across the country to honour the sacrifice of men and women in uniform who gave their lives in service of the country's values and principles.
Canada cancels automatic 10-year multiple-entry visas, tightens rules
Canada has announced changes to their visitor visa policies, effectively ending the automatic issuance of 10-year multiple-entry visas, according to new rules outlined by Immigration, Refugees and Citizenship Canada.
Trump names Stephen Miller to be deputy chief of policy in new administration
U.S. President-elect Donald Trump is naming longtime adviser Stephen Miller, an immigration hard-liner, to be the deputy chief of policy in his new administration.
Mattel says it 'deeply' regrets misprint on 'Wicked' dolls packaging that links to porn site
Toy giant Mattel says it 'deeply' regrets an error on the packaging of its 'Wicked' movie-themed dolls, which mistakenly links toy buyers to a pornographic website.
Alien-like signal from 2023 has been decoded. The next step is to figure out what it means
If Earth's astronomical observatories were to pick up a signal from outer space, it would need an all-hands-on-deck effort to decipher the extraterrestrial message. A father-daughter team of citizen scientists recently deciphered the message. Its meaning, however, remains a mystery.
Twin port shutdowns risk more damage to Canadian economy: business groups
Business groups are raising concerns about the broad effects of another round of labour disruptions in the transport sector as Canada faces shutdowns at its two biggest ports.
Experts investigate possible tornado in Fergus, Ont.
A team of tornado experts is heading to Fergus, Ont. after a storm ripped through the area Sunday night.
Why brain aging can vary dramatically between people
Researchers are uncovering deeper insights into how the human brain ages and what factors may be tied to healthier cognitive aging, including exercising, avoiding tobacco, speaking a second language or even playing a musical instrument.
Bleeding and in pain, a woman endured a harrowing wait for miscarriage care due to Georgia's restrictive abortion law
Since the U.S. Supreme Court’s 2022 Dobbs decision eliminated the federal right to abortion, miscarriage management has become trickier and in some cases, deadlier.