Municipal governments are starting to put green standards in place for developers and builders to follow to help protect the planet. But will it really work?
If the Canadian mortgage and real estate industries are to become fully digital then identity verification will be an important component.
This week, RBC announced that it was the first Canadian bank to offer digital government identity verification solutions.
“We are adding to the existing suite of digital identity solutions developed by the banking industry by providing clients with another option for securely verifying their identity with us,” said Sean Amato-Gauci, EVP, Cards, Payments & Banking at RBC.
The ability to scan passports or other government ID when opening an account in branch, is a significant step on the digital transformation of Canada’s banks.
“Verifying and protecting our clients’ identities is among the most important things we do,” says Peter Tilton, SVP, Digital at RBC. “The world-class technology underpinning these features will better protect clients from fraud caused by identity and document forgery and give them an unparalleled account opening experience.”
Verify with a selfie While the current innovation enhances the connection between RBC’s Mobile app, a further development later this year will enable mobile verification using life selfies to further verify users’ identities against their government ID.
The process is compliant with Know Your Customer and Anti-Money-Laundering regulations.
The survey shows that buying a home in a major city centre has risen 5% since last year.
The more time and money a developer spends navigating the extensive labyrinth of procedural processes, the costlier it becomes to build a new home.The more time and money a developer spends navigating the extensive labyrinth of procedural processes, the costlier it becomes to build a new home.
Coming to Toronto May 14-15 is an in-person event discussing multifamily investing and the benefits it can have for new and experienced investors.
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Many Torontonians and GTA investors perceive Windsor in a different light. But the reality is, it's a growing city that has much to offer investors, homebuyers, students, immigrants, and retirees alike.
While Calgary has continued to increase in popularity, prices have remained steady unlike in markets like Toronto and Vancouver. It holds many benefits for investors.
The Scott McGillivray Real Estate Fund helps people understand passive real estate investing. Scott McGillivray himself has been speaking to people about how to invest in real estate for over 15 years.
From February 2022 to April 2022, there have already been significant price decreases. However, that doesn't mean affordability is around the corner.
According to OSFI, the real estate market in Canada has seen a massive run-up resulting from low-interest rates and supply/demand imbalances.
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