Canadians who are facing financial decisions related to home ownership should seek sound advice from financial planning professionals, says the Financial Planning Standards Council.

With the traditionally busy Spring real estate season approaching, many Canadians begin to consider their options around home ownership, mortgages and other related matters.

“For many people, home ownership is the single biggest investment they will ever make. This decision can set the foundation for financial wellbeing and success,” says Tamara Smith, vice president, marketing and consumer affairs, FPSC.

“Mortgage and real estate decisions should never be made in isolation, but rather considered within the context of one’s overall life goals and financial plan — and ideally with a professional who can see the big picture,” adds Smith.

FPSC is a not-for-profit organization dedicated to ensuring Canadians; financial planning needs are well served by developing, promoting and enforcing professional standards for financial planning, through CFP certification, and raising awareness of the importance of financial planning to Canadians.

IE