CHAN - Monday, May 27, 2024 - 09:00 a.m. (ET) - Segment #4

it feels impossible in some ways. And we show in that same survey that more young people so those 35 and under are feeling financially stressed that the average canadian because buying a house. Paying off your credit card and just affordinge just feel so impossible.ecause of these higher interest rates andhe higher mortgage costs. And if you're renting in you're paying $3000 for the bom apartments. How do you find the money to actually save if that's what you desire to do. >> Jason: so what do you say to clients one client state we are barely making the mortgage payments. Or rents. Do you say this is just temporary. Through it? >> Speaker: that's our really caught enough harsh way to it. Because for people this not been temporary it feels like it's been going on for years before the pandemic. There was a lot of surveys that show that canadians were paying paycheque to paycheque despite interest ratesng at rock-bottom. It is those interest rates that breaking point. It is best to look at monthly expenses and see how you can improve cash flow. So instead of getting too bogged in where interest rates are going where inflation is going to look at your own personal finance situation. What are you spending money on work and you come back. Have you set yourself up in a life that you cannot afford with these higher interest rates. For many people it's a harsh reality to realize that I bought a house 4 yea ago where the mortgage payments have now come to the point where I cannot afford to live here anymore. So what are some solutions renting at of your home. Downsizing.ramatic ways that you can store so money. And also understanding that we have had a lot happen to us in the last three years. The situation will not last forever. Wages won't catch up. And life is going to feel a little bit more affordable. It isthrough this very short period of time where the economys suffering inflation is higher in it feels like our wages are not catching up. >> Jason: we have 40 seconds left very quicklyinimum wage are on the rise by young people are feeling more stressed the rest of us. Why is and that helping? >> Speaker: you know minimuge jobs have never beena situation where if you're working full time yo can afford to often live in the city that you're working in. They are often meant for y people or for people that are starti out. But there is still a lot of le that are working minimum-wage jobs as a full-time job. Young people are facing job prospects and that is not as good 5-6 years ago companies are scaling back because their own cost of business has gone up so they are hiras much and when they are hiring they're not offering tame sorts of salaries. That's why young people are feeling that crunch. They lived through what is probably the most remarkable time of our lives which is the pandemic and just like us aretrying to figure out how the economy is going to evolve in the next 10-15 years.llent stuff thank you,. >> Speaker: for joining us. Thank you for having me. >> Anchor: coming up, a movie mansion, hits the market. The iconic house from home alone is up for sale, we'll tell you how much for and give you peek in, next. We're ready. Let's go, let's go! (Sirens blaring) ANNOUNCER:9-1-1,season finale Thursdayat 8 Eastern on Global. Is that the new Smarties Cookie Collision Blizzard? Your favourite Smarties now with cookie dough. A sweet leap forward in treat innovation. [dramatic orchestra sounds] Well, speaking of sweet leaps! Nice work, buddy! For a limited time at dq®. Don't let anything stand between you and performing at your best. New and improved Shell V-Power Nitro+ Premium Gasoline. Performance unbound. (Shell mnemonic) Did you know that you get used to odors in your home? Yep.You go noseblind. But others smell This, this, and this. Introducing Febreze Plug-In with fade defy technology. It's the only air freshener that eliminates odors... and automatically alternates between two complimentary scents. It even tells you when to refill. So you don't go noseblind and enjo for up to 50 days. Try a warmer now for only 99 cents. (cheerful piano music) ( ) ( ) ( ) ( ) ( ) At every ok tire store,you'll find a local ownerwho lives in your communit Proudly offering full service. And when you shop with usyou're shopplocal. Ok Tire. Service, repair and tire. It's going to be okay. (Catchy music plays)

( ) ( ) With perfect flavour in every bite of Pringles, it's a taste you can't let go. It's my homecoming! We're a team! (Announcer says words on screen) >> Announcer: for the fun run. Make money strides for k kids in support the mission to conquer illnesses across the province. Celebrate all things italian with italianay on the drive. And commercial drive filled with food, action and fun.for rbc I am yvonne schalle. >> Announcer: in partnership with the 2024 grey cup festival. The legendary grey cup festival returns with game tickets on sale at ticketmaster.ca. >> Speaker: good morning I am ber belzer. We are over the top of the patullo bridge. King george boulevard slowi down between the merge with scott road. Scott road lining up through the overpass. An it is busy with the bridge deck going tgh 4 legs do. But this is onto the new west side. Get up to 55 tand dollars on the silverado. With set at two. Visit your local dealer. >> Sonia: good morning and happy monday to everyone is bringing ivonne for a look at our forecast. As we look to the week ahead. Starting out wsome pollen. >> Yvonne: and know people the allergies going and this is all important so that upon report today. The total pollen is sittin moderate. And spruce at moderate and grass is sitting at aro low so that's the paul report for day. A great one today. We will hang on for someshowers. We are sitting at 11 degrees we have this easterly wind. And we are hoping to see temperatures coming up to 16. This will actually we have a weather maker that will bring some rain and this is what we will be tracking for. This will be a soaker for tomorrow. Some instability in the concern today will be for the peace with the risk of thunderstorms also very windy conditions gusts up to 16 tomorrow the risk of thunderstorms will be across a white horse or rather the chance for some showers with gusts to 40. Most areas along the north coast. It is heavy both today and tomorrow. This will be for your wednesday. The central interior with therisk of thunderstorms both today and tomorrow cooler highs of 213. We should typically get up to 18 degrees. Areas towards the columbia kootenay region. Bit breezy. Gusts up to 40 kilometres per hour. Thompson and okanagan with some breaks gust 40. Gusts up to 50 kiloms per hour. Whistls a cooler one. We wille moving in for tomorrow and areas across the island will be included within that period there is a bit more rain wit greater chance of some showers along the northern region. Especially near port hardy. It is a sake one this is 25 millimetres. Then katelin. Were looking ahead. Thursday or friday. Over to you. Reporter: this is moving along with some some swats. Between two 62. We know about this construction zone. Be mindful oft when things open up quite nicely all the way through surrey. If you are getting the port ma bridge. This I through this stretch as you headhrough who quit into burnaby. Not too bad the typical slowdown. But the port mann bridge is ng along just fine. I'm not too bad for this monday morning commute. If you're heading next door to the llo bridge. Things areking pretty good over there. You're seeing a little bit of volume along king georgeboulevard between bridge and scott road which is pretty typical as you make your way through tridge deck so far looking good lots of vehicle aced out so not much to write home about. Although traffic remained steady that is your oktire traffic. Jason: thank you so much, katelin. Here's a question for ya filanimals, want to live in kevin mccallister's home. Well now you can. Arguebably the. >> Reporter: one of the most famous houses in the world.

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