News of the day: Homebuying in a smaller market, retirement planning, airline strike threats, mortgage rate risks, unexpected expenses and more

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File shot of real estate sale sign seen in Halifax Friday October 19, 2018.A $600,000 house near Halifax might buy a roomy, renovated place on a lot big enough to lose the dog in. That lifestyle upgrade isn't just financial; it's about comfort too. Photo by Tim Krochak/The Chronicle Herald

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It’s Friday, July 17. Here are the top stories we’re following today.

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For most middle-to-upper-income homeowners — specifically those with job mobility or the remote-work luxury — ownership becomes drastically more attainable the moment they search outside their comfort zone, writes Robert McLister.

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Do I have enough to retire? Handwriting on a napkin with a cup of coffee. Finance and retirement planning concept Rather than purchasing an annuity, Hazel should consider delaying Canada Pension Plan and Old Age Security, which is effectively buying an annuity. Photo by Marekuliasz Marekuliasz/Getty Images

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If she underestimated her spending, Hazel could find herself running shy of money as soon as age 77, expert says.

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A Jazz Aviation/Air Canada flight attendant walks through the terminal at Pierre-Elliott Trudeau Airport in Montreal, Quebec, on August 19, 2025. Last August, 10,000 Air Canada flight attendants, represented by the Canadian Union of Public Employees, served a strike notice that led to the airline suspending flights for the approximately 130,000 customers a day that it carries. Photo by ANDREJ IVANOV/AFP via Getty Images

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A strike action by WestJet cabin crews and Jazz dispatchers could mean major disruptions to hundreds of flights per day.

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Real estate signs sit on lawns in London, Ont. on Tuesday, July 7, 2026. Real estate signs sit on lawns in London, Ont. on July 7, 2026. Photo by Geoff Robins/The London Free Press

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Borrowers looking to duck mortgage rate risk are mostly grabbing three- and five-year fixed rates, which sat perfectly still this week, writes Robert McLister.

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Emergency expenses, such as a big medical bill or a costly car repair, are a significant threat to the financial stability of many Canadians. Emergency expenses, such as a big medical bill or a costly car repair, are a significant threat to the financial stability of many Canadians. Photo by Getty Images/iStockphoto

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Emergency expenses, such as a big medical bill or a costly car repair, are a significant threat to the financial stability of many Canadians, according to a survey released Thursday from Royal Bank of Canada.

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