Mortgage Ottawa

October 29th, 2010

Ottawa, Ontario is the capital of Canada, a municipality and the second largest city within Ontario. Located in the Ottawa Valley, in the eastern portion of Ontario, the city lies on the Ottawa River, a major waterway forming the local boundary between the provinces of Ontario and Quebec.

Connected by many bridges to its neighbouring Quebec, the city of Gatineau on the northern shores of the Ottawa River, the two cities and surrounding areas are designated the National Capital Region (NCR). Though governed by separate municipal governments, the federal lands within the region are administered by the National Capital Commission (NCC), a federal crown corporation charged with the responsibility of planning and managing the federal government’s interests in the NCR.

In 2006 (according to the census), the city of Ottawa had a population of 812,129, making it the 4th largest municipality in the country and second-largest in Ontario. The Ottawa-Gatineau metropolitan area had a 2006 population of 1,130,761, making it the fourth-largest CMA in Canada. The National Capital Region which encompasses Ottawa, Gatineau and surrounding suburbs and towns has an estimated population of 1,451,415. In 2009 Ottawa-Gatineau’s population was at 1,220,674, making it the 5th largest CMA in the country. Ottawa has the 2nd highest quality of living of any city in the Americas, and 14th highest in the world according to the “Mercer Human Resource Consulting Quality of Living Survey”. It is also considered the 3rd cleanest city in the world by Mercers 2010 eco-city ranking.

If you are thinking of buying a home in the capital of Canada, First Toronto Mortgage can help. For your Ottawa mortgage, FTM offers mortgages Ottawa! Ottawa mortgages for your Ottawa home purchase, renewal or refinance. Mortgage Ottawa, think First Toronto Mortgage.

Posted by Kevin Somnauth, CFA
First Toronto Mortgage (

Niagara Falls Mortgage

October 15th, 2010

Most of the early settlers in what is now Niagara Falls were United Empire Loyalists. Arriving here just before and after the close of the American Revolution, their steadfast support of the British during that epochal event had brought them persecution and privation. Fleeing their homes in the former American colonies, they started their lives over again in various areas of what is now Canada, including the west bank of the Niagara River. The Lundy, Bender and McMicking families were among the Loyalists who became some of Niagara Falls’ earliest inhabitants.

Another local consequence of the American Revolution occurred when the British were forced to relocate the Portage Road from the east bank of the Niagara River to this side. Constructed to allow traffic to by-pass the rapids and falls of the Niagara River, the Portage opened in 1790. Its northern terminus was Queenston. The southern end was at the mouth of Chippawa Creek where a small settlement christened Chippawa soon developed. Its growth was checked by the War of 1812 but by the mid-nineteenth century Chippawa had grown considerably. It was incorporated as a village in 1850.

In the meantime another community had developed around the Portage Road (Main Street), Lundy’s Lane, Ferry Street intersection. Named Drummondville, it was incorporated in 1831.

In 1848, the first bridge opened across the Niagara River. Designed as a suspension bridge for carriages and pedestrians, it was located where the Whirlpool Rapids Bridge is today. Five years later, the Great Western Railway reached Niagara from Hamilton and was routed to the Suspension Bridge. Work then began to rebuild the bridge as a double-deck span, with rail traffic using the upper level while the lower deck was for carriages and pedestrians. The new bridge was opened in 1855.

By then, a small village named Elgin had grown up in the area around present-day lower Bridge Street. Elgin was a major divisional point on the Great Western Railway and was also at the Canadian end of an international bridge crossing. Consequently, it grew quite rapidly. In 1856, Elgin merged with a small community just to the south. Named Clifton, it was in the Victoria Avenue, Centre Street, Clifton Hill area. The enlarged town took the name Clifton.

In 1881, Clifton changed its name to the Town of Niagara Falls. Not to be outdone, the following year Drummondville became the Village of Niagara Falls. The two communities amalgamated to create the City of Niagara Falls in 1904. Within two years, three large hydroelectric generating plants began operating in the area around the Horseshoe Falls. Inexpensive and plentiful electricity, along with excellent rail transportation and close proximity to the U.S. market soon attracted many manufacturing industries to Niagara Falls, thus ensuring the new city’s growth and prosperity. A significant tourism industry also became increasingly important.

Niagara Falls’ area and population increased dramatically in 1963 when the adjacent Township of Stamford amalgamated with the city. With the advent of regional government in 1970, Chippawa, Willoughby Township and a small portion of Crowland Township also became part of Niagara Falls.

The city today, therefore, is a composite of a number of communities with a history stretching back many years.

If you are thinking of moving to Niagara Falls, First Toronto Mortgage can help you secure financing. We can get you a mortgage Niagara Falls at a great rate for your home. A Niagara Falls mortgage at FTM includes, home purchase mortgages Niagara Falls and renewal Niagara Falls mortgages. For all your mortgage needs, visit

Posted by Kevin Somnauth, CFA
First Toronto Mortgage (

Hamilton Mortgages

October 2nd, 2010

Hamilton, Ontario, Canada has a population of 504,559 (according to the 2006 census) It is a port city in Ontario. Conceived by George Hamilton when he purchased the Durand farm shortly after the War of 1812, Hamilton has become the centre of a densely populated and industrialized region at the west end of Lake Ontario. On January 1, 2001, the new City of Hamilton was formed through the amalgamation of the former city and the other constituent lower-tier municipalities of the Regional Municipality of Hamilton-Wentworth. Since 1981, the metropolitan area has been listed as the 9th largest in Canada and the 3rd biggest in Ontario.

Traditionally, the local economy has been led by the steel industry. Within the last decade, there has been a shift towards the service sector, particularly health sciences. The Hamilton Health Sciences corporation employs nearly 10,000 staff and serves approximately 2.2 million people in the region.

Hamilton is home to the shared Royal Botanical Gardens, Canadian Warplane Heritage Museum, the Bruce Trail, McMaster University and Mohawk College. The CFL Hall of Fame can be found downtown right beside Hamilton City Hall and across town to the east, the CFL’s Hamilton Tiger-Cats (the Ti-Cats) play at Ivor Wynne Stadium. The Erland Lee (Museum) Home (c. 1808) is a National Historic Site of Canada on the Canadian Register of Historic Places. An Ontario Historical Plaque in front of the Erland Lee Museum was erected by the province to commemorate the First Women’s Institute’s role in Ontario’s heritage.

Partly because of its diverse environment, numerous TV and film productions have been filmed in Hamilton, regulated by the Hamilton Film and Television Office. With growing arts and culture sector garnered media attention in a 2006 news article, entitled “Go West, Young Artist,” which focused on the growing art scene in Hamilton. The article highlighted local art galleries, recording studios and independent film production.

Hamilton, Ontario is a city undergoing many real estate renovations. It is an excellent place to puchase real esate for residing or investing. For you Hamilton mortgage, First Toronto Mortgage can assist. For Hamilton mortgages. First Toronto Mortgage offers mortgage Hamilton home purcahse and mortgages Hamilton refinancings, for both residential and commercial properties.

Posted by Kevin Somnauth, CFA
First Toronto Mortgage (