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Canada Housing Market: Will it Bloom or Crash?

Canada Housing Market: Will it Bloom or Crash?

Have you heard the news that Canada’s housing market is going to crash in 2023? We are still determining how true this is, but based on the statistics and data we have gathered from various sources, let’s look at how all these things will work out and see if it’s really going to crash.

Since the start of Russia Ukraine war, the global financial balance has taken a major hit. People think a war in the other part of the world won’t affect this side, but this is false. When devastating events like war occur, it affects those countries and can change the course of various trades and finances around the world.

At PrestoCash, we don’t just want to provide you with instant e-transfer loans but also want to help you build your financial knowledge so that you can protect yourself from the adversities that accompany war. As there is nothing we can do about war, we can still know how these things will affect us. So let’s examine how these things will affect the Canadian housing market in 2023.

Canada housing market

In order to account for greater sales and price losses in 2023, followed by a comeback in 2024, TD Economics has updated its projection for Canada’s housing market. The bank predicts that home prices in Canada, which have fallen 22% from record highs in February, will fall 11% in 2023, and sales will fall 16%.

 

Canada Housing Market

 

In early 2023, house sales are expected to reach a low point of roughly 20% below their pre-pandemic levels due to rising loan rates, which, together with skyrocketing prices, have rendered home ownership impossible for most of Canadians.

In 2024, TD predicts a significant home market recovery in Canada. The bank projects that in 2024, home sales will increase by more than 19%, and prices will rise by 6%.

Because the average home price in Canada continues to be much higher than the current US median price of roughly $390,000, the affordability crisis is affecting Canadians far more severely than it is affecting Americans.

The median price of a home in Canada soared to a record $604,000 in February before falling to roughly $470,000. The Canadian dollar is currently worth around $0.74. The Canadian affordability index uses the accepted criterion that monthly housing costs shouldn’t be more than 30% of monthly income.

Ontario Housing market forecast

If you are a resident of Ontario, then you may be wondering how the Ontario Housing market will perform next year. Real Estate experts have predicted that Ontario sales could drop 33% this year and 16% by next year. The prices will struggle to rise in 2023, but they are expected to rise by 2024 by 4%.

Alberta housing market forecast

Similar to Ontario, Alberta will witness a drop of 2% in prices by the end of Q4 of 2022, and it is expected to fall another 22% in 2023. However, that’s not all; the prices gain is also expected to be the slowest among all other provinces, staying at 3% and declining another 7% in 2023, according to TD Economics.

 

Canada Housing Market

 

Edmonton housing market forecast

In an interview with Nathan Mol, a renowned real estate agent in Edmonton. Edmonton’s real estate market is a balance between the supply and demand of houses. Currently, market conditions are said to favor sellers, but as in general economics, when the prices are higher, the number of buyers will surely fall, and this simple move brings the cost down.

But this time, even if the buyers are declining, the Edmonton market is witnessing a low housing inventory.

These are three popular places where people are looking to buy or sell houses and want to know how real estate is working in this area. But the effects are not limited to just these areas; almost every part of Canada is experiencing loss in real estate sales and price drops.

How will these benefit People?

Whether you are a continuous buyer of property or a one-time buyer for a family, you can do different things to make the best of this situation. But you have to be cautious while making any major financial move. There are different factors that you have to consider while buying a home for investment purposes.

Moreover, the recession is also an important factor you need to note. These times will be hard on many people, but if you have enough financial knowledge, you can take advantage of this situation.

When prices for real estate go down, it is generally for a few months or years, and after they recover, they yield a higher ROI. But sometimes, they do not grow. And that is, the risk of investment could be due to poor locality, local jurisdiction, or new situations and changes in a consumer behavior pattern. They all can affect the price rise of real estate in a particular place.

Bank interest rate

According to new research from the Royal Bank of Canada, the average Canadian home costs 67% more than the average household can afford. According to the study, the average household would have to devote 60% of its income to housing expenses.

According to an analysis from Desjardins, housing affordability in Canada will worsen for an additional three to six months as a result of higher interest rates.

Since March, the Canadian central bank has increased its benchmark interest rate by 300 basis points, a larger increase than the ones implemented by the US Federal Reserve.

According to Desjardins’ Affordability Index, Edmonton and Calgary will regain their pre-pandemic affordability levels by the end of 2024, while Toronto, Montreal, and Vancouver will take longer because they saw the biggest increases in home prices.

The Canadian Real Estate Association reports that in September, the average price of a property in Toronto and Vancouver was above $800,000.

So, based on all factors, the Canada housing market will initially crash, but by the end or the starting of 2024 it will gradually rise. So, you can decide whether you should buy a home or wait for the market to crash more. But be sure to consider every aspect of finance before buying because a small miscalculation can cause major trouble. And yes, don’t forget, if you need any extra cash immediately, you can always count on us to get an instant e-transfer loan.

Haunting Halloween Costumes DIY: Become Your Favorite Monster

Haunting Halloween Costumes DIY: Become Your Favorite Monster

The month of spooks and scares; is the time when you can let your inner demon loose and dress up like your favorite monster. There are numerous mythological creatures you can become on the night of Halloween when you go trick-o-treat. However, with so many options and some costumes being too expensive, you can be limited to a few.

But don’t worry, at PrestoCash, we gathered the best costume DIYs for some of the popular props and dresses. By wearing these costumes, you can also visit the Halloween haunt 2022 festival is on from 23 September to 31 October in Canada’s Wonderland, an amusement park in Vaughan, Canada.

Halloween costume DIYs

Let your artistry flow and create a spooky Halloween design at the best cost

Cape DIY

Whether you are becoming a Dracula or a witch, a classic cape is what you need to give your character a realistic look. To design your cape, you must take our old decor material and use drapes, curtains, tablecloths, or bed sheets you no longer use. A little tweak here and there will make your cape look like it was bought straight from Amazon. If you want you can also dye the cape in your desired color but make sure the original color of the cloth is lighter than what you plan to color it with.

Skin color DIY

This one goes without saying. If you want to get different skin colors, you have to use what every or most woman use – Makeup. You can find different colors of makeup from shops near you or online. Then just order them and while getting ready, take the help of your mom, or any adult to use the color properly. Some common color you can make is black with the help of pencil graphite, but remember not to put it in the eye. Curacao or turmeric for the yellow color, but remember it won’t get off easily. Or use organic color from a shop to avoid allergic reactions.

Clothes DIY

Choosing clothes can be difficult as you won’t find things easily that match the weirdness of your character. So, how do you make clothes that fit a weird character? First, you make the clothes weird as well. For example, as a zombie character, you can tear up shirts and trousers, splatter some sauce for blood marks and make it look weird. Similarly, you can also try wearing an awkward combination of clothes; after all, it’s Halloween, the day when you can show your weirdness without being judged by people.

Props and artifacts DIY

Depending on your choice of character, you can choose different DIY to create a perfect artifact. For example, you can create an amulet that is used for necromancy, a wooden sword, a medallion, or anything that you can create. The most common things you can use to create props and artifacts are cardboard, polystyrene, wires, boxes, wood, ropes, and paper.

Fun Things to do After Wearing Halloween Costumes

Halloween potluck

If throwing a lavish Halloween dinner party this year seems like too much work, consider hosting a Halloween potluck. Request that everyone bring a dish or dessert to share. It cut the workload in half, allowing you to finish hanging the Halloween decorations and creating the costumes for your children.

Go to a haunted house

Nothing is more exciting than entering a haunted house on or near Halloween. They will undoubtedly frighten the living daylights out of you, but isn’t that the whole point? However, if you are tough and not scared of them, you can also visit a cemetery. Though we don’t suggest it to you, you can if you want. As folklore says, the veil of the spirit and mortal realms is the thinnest during Halloween. And who knows, maybe you’ll experience something unusual too!

Carver creative pumpkin

Nothing compares to the enjoyment of carving a pumpkin. Create something incredibly ridiculous or creepy out of a gourd. Want to completely avoid the greasy mess? Decorate your pumpkin with paint and attractive accents to transform it.

Watch a movie in Backyard

Bring the movie outside, and use a sheet, projector screen, or the side of your house to screen it. Invite your friends, relatives, and neighbors to watch a Halloween movie with children, or choose something a little more gruesome if the audience is older.

Camp outside

The ideal Halloween activity is a creepy backyard campout (if the weather allows it). Because nothing is more terrifying than a full moon at night after a campfire full of ghost stories, it’s not necessary to take children far into the mountains, but a simple backyard camping is a great way to spook children with stories.

Build a demo graveyard

Every trick-or-Halloween treater’s fantasy is a spooky graveyard. To create your own, scatter a few tombstones (bought or homemade) across your yard to give it an aged, run-down appearance. Then, up the creep factor by incorporating skeleton body parts into the scene and turning on the fog machine.

Trick or Treat bags

Your neighbors are great for trick-or-treaters because they hand out full-size candy bars. Hand out treat bags filled to the brim with sweets, toys, and trinkets to beat them at their own game. Buy candy and other supplies in bulk, then put together as many as possible before the big event.

Plan treasure hunting

Nowadays, getting candy is simple: just dress up, walk to the neighbor’s house, and presto, you have candy! However, you may make it more enjoyable by hiding treats for youngsters to find throughout your home and yard.

Decorate your windows

You can even DIY your own bats, and other Halloween shapes out of poster board to welcome approaching trick-or-treaters as they arrive. Next, give your windows a Halloween makeover with store-bought decals and other decorations. Finally, add some twinkling lights to truly make your home glow.

Give a makeover to your vehicle.

If we are dressing ourselves into a classic monster, then why wouldn’t we want to dress our vehicle? So, give a makeover to your car or bike into a ghostly bike that you can ride during Halloween night.

These are the fun things you can do while you are dressed as a Halloween monster. If you need any assistance with finance, you can get a fast e-transfer loan from us. So, don’t worry about the loan, and have a happy Halloween.

Instant E-Transfer Loans via Super-Fast Payout Loans?

Instant E-Transfer Loans via Super-Fast Payout Loans?

You never know when you will need extra cash to get you through until your next paycheck. It’s so unpredictable. With so many people living paycheck to paycheck in Canada, the need for more loan companies that can provide Instant E-Transfer Loans to people with bad credit is growing.

Fortunately, there is enough money to go around when it comes to instant online loan companies. In addition, the money they lend is on a short-term basis, so they have a constantly revolving flow of cash to help people who need instant funds.

With no credit check needed with these loan companies, it’s more convenient than ever.

Is it safe to apply for e-transfer instant loans in Canada?

Sometimes, someone needs quick action without delay to avoid certain side effects. For example, one of the situations that almost everybody faces is the hard financial time when one needs instant money to meet their requirements.

It is a hard situation for everyone; now, what’s the best option to deal with this? Today we will discuss online instant loans in Canada and email money transfers with no credit check. This secure option has left the other options behind regarding instant money.

Everyone knows it very well. Mostly everyone doesn’t have a good credit score to get loan approval fast, which also means several challenges. But you don’t need to worry about that because you have reached the right place.

If you have also encountered one of the situations where you need fast cash, you can apply for e-Transfer instant loans anytime within 24 hours across Canada. As a result, you can get instant approval and money to lighten your load from several expenses.

Some facts about taking E-transfer instant loans?

No hassle of paper or any fax

Due to this convenience, borrowers have found the fax less instant loan email money transfer in Canada very easy to apply for at any time. Because here, they can save their time even when there are emergencies, and there is no time to wait to collect the money and paperwork, which consume much of their time.

Easy approval with a quick result

The loan application process is easy and short, which doesn’t put the borrowers on hold. That’s why this factor has increased the uniqueness of these funds. Sometimes, this seems like a boon to money seekers.

Fast receiving of funds

After everything goes in the right direction, receiving money becomes too easy for any borrower. However, you can get the money quickly after completing the application without turning off your device.

Your bad credit is not an issue.

You can apply for guaranteed approval loans even with poor credit or any default on your credit. Despite this, there would be no issues in receiving the funds because, generally, borrowers have bad credit when looking for loans.

Those factors have made the loans well known to every Canadian during their hard financial times. However, you can also try for a fast e-transfer loan in Canada without keeping a second thought in your mind and feel the same experience mentioned.

Can the fastest e-transfer loans impact your credit score? 

Your credit score is the soul of your financial life, which can be in two different positions. Either it is good or bad based on your financial habits. So, any loans you apply for, you have to refund them after using them.

Since these are the fastest e-transfer loans available online, you can get benefits only from them during your financial shortage. But not making payments for the loans on time can tarnish your financial image if your payments get extended.

What about the interest rates of 24/7 instant loans in Canada?

24/7 instant loans with e-transfer generally come with high-interest rates because they are for short-term needs. So, you have to pay the loans along with their interest rates, and borrowers become able to repay their loans.

They start making preparations before so they can pay off their loans easily by making payments on time without delay. So, let’s have an idea of what they do so that you can also do the same for repaying the loans on time.

What to do to receive a same-day payout?

The process is not difficult because you already know about e-Transfer®, which sends you the money on the spot. You need to go online and fill out an application form with a little time. Then this will get you to the money selection.

Once you reach there, you can pick up the amount you want to borrow once you have selected the amount. Then, you need to click for submission, and you will get a notification message right after that for the loan approval.

Yes, you should have some basic requirements at the same time when you are heading to apply for same-day payout loans.

That is a different thing. With guaranteed approval, bad credit instant online loans in Canada come with high-interest rates. But anyone can take great advantage of these loans in hard financial situations, particularly when they need cash to cover their expenses.

The e-Transfer is a safe option to get the fastest money of any other platform like banks or private lenders. Several borrowers have experienced it greatly. It is one of the reasons why people don’t go anywhere else now.

Why should one choose Prestocash E-Transfer instant loans over others?

There are many different types of loans around. But not everyone can help you when you need them the most since life is based on unforeseen events that cannot be controlled by finance or finance. Undoubtedly, Prestocash e-transfer payout loans online are the only way to get by during emergencies when other types of loans fail to help you tide over the tough times.

Certain things matter a lot behind e-transfer loans on the same day as other conventional loans. This article will find some interesting facts about such a cash advance. That is known as one of the weapons for fighting against your financial hardships.

How Do Instant E-Transfer Loans Work? 

E-Transfer instant loans in Canada are designed for ease and convenience, improving access to this useful service. So long as you have access to reasonable technology (like a computer or smartphone) and an internet connection, you can complete the process at any time. Though you can find services from multiple companies, they all follow the same procedure.

Fastest reliable instant e-transfer loans to get cash instantly

Fastest reliable instant e-transfer loans to get cash instantly

E-transfer loans in Canada are given as cash advances that will be paid the next day. Therefore, you can always rely on e-transfer instant loans when you require fast cash.

E-transfer is a service that makes the loan application process brief and easy for you. You can get these bad credit loans anywhere, making it an easy and convenient option. The application forms are found online, and all you have to do is fill them out to complete the application.

Advantages of E-transfer instant loans?

Instant e-transfer loans relieve you E-transfer instant loans relieve you of the stress associated with waiting in long bank lines for you to apply for loans and get them approved. Traditional lenders and mainstream financial institutions like banks or credit unions take approximately two weeks to approve. Moreover, the application process might not be in your favor, and you might miss out due to your bad credit history.

As indicated above, e-transfer instant loans are offered to benefit clients with financial needs who can’t wait for their next day to pay. There are numerous other benefits that such services advanced to clients have to offer

1)Fast approval process

Our customers can apply and have their application requests approved quickly. Then, it takes only hours before you get the money deposited into your bank account.

2)Brief and smooth application process

With e-transfer instant loans in Canada, you are spared lengthy application processes associated with traditional loans.

3)Few restrictions are involved

Unlike the case with traditional lenders, you can obtain affordable loans even if you have a poor credit score. This distinguishes e-transfer loans from loans you might get from a bank or a credit union.

4)Flexible borrowing is guaranteed

The application process of e-transfer instant loans allows you to borrow any amount, completing the entire process online without needing a credit check.

How do e-transfer instant loans work?

Instant loans are loans of up to $1,500 that are typically repaid on the next day to pay. Once a lender approves you for an instant loan, one of the ways it can send you the money is through e-transfer, which can often be done 24/7 outside of business hours. The lender will email or text you an e-transfer link so you can deposit the money into your bank account. You’ll need to be registered for an e-transfer with your bank.

What is e-transfer instant online loans in Canada?

Many instant lenders advertise their e-transfer instant loans and 24/7 convenience, but what do they mean? We break down the 3 stages of getting an instant loan below and how they can affect turnaround times.

Application

Instant loan applications are available online, and you can apply anytime.

Approval

This is where the process might slow down, depending on your application. If you go through bank verification, an automated step to verify your identity and financial details, you can get instant approval. However, if you don’t opt for bank verification or parts of your application need a closer look, the lender will need to do a manual review. If the instant loan lender doesn’t have staff that manually reviews applications 24/7, one will have to wait till their office is open to get approval.

Funding

Once approved and you’ve signed your contract, lenders can e-transfer the money to you within minutes. They usually have an automated system for this. So, if you submit your signed contract in the middle of the night and the office is closed, the instant loan will still be e-transferred to you within minutes.

What to consider before applying for e-transfer instant loans in Canada

The market is flooded with instant loan lenders. To help you narrow your scope, here’s what to consider:

  • How long may it take to process the instant loan? Some of the best instant online loans ensure you’re approved instantly and receive your e-transfer link 24/7 after you submit the signed contract. But there are some cases where one may not get an instant decision – for example, if you’re a first-time borrower or the lender requires more information about you.
  • Are you aware of all the fees? Take the time to find out how much you’ll have to pay in fees. Depending on where you live, you can pay between $15 to $25 for every $100 borrowed, making e-transfer loans one of the most expensive ways to borrow in Canada. If you miss the payment deadline, you will also encounter late fees and NSF fees.
  • Does the lender accept low credit applications? If you’re looking for the best low-credit loan, consider that most lenders accept applications from individuals who don’t have a good credit history. If the lender you’re looking at requires good credit history and you aren’t eligible, move on to the next.
  • Does the lender accept government benefits as a form of income? If you don’t have employment income and rely on government benefits, you’ll have to choose from instant loan lenders that accept government benefits.
  • Does the lender abide by provincial regulations? Each province has its regulations for instant loans. Become familiar with the laws of your province to protect yourself as a borrower.

Instant loans are one of the quickest ways to obtain cash if you’re in a financial emergency. And if you’re focusing on lenders that e-transfer instant loans in Canada, you can count on getting your cash within the same day as getting approved, if not faster.

Benefits of E-Transfer Instant Loans in Canada

Instant loans work because they are fast, easy, and convenient. Consumers don’t need to visit an office or wait for the money – everything can be done online! There are many other benefits of these types of loans too.

Simple Application Requirement

Apply for an e-transfer loan from the comfort of your couch! Loan express makes it easy to apply; if you use the bank verification tool, an application only takes less time, and you can receive your funds instantly by e-transfer. However, please note that it could take a bit longer if you fax or email your documents.

Instant Money with Multiple Receiving Options

Need money instantly? We offer e-transfers for a quick and easy solution. Once approved, your loan will be sent within 5 minutes. If one would prefer a bank transfer, we can arrange it!

No Credit Check

if you’ve got good credit or bad, we welcome all applications. We’ll never turn down someone based on their financial history or credit score!

Completely Secured transactions

It takes little time to set up your free, and it’s also safe and secure. Lenders understand the importance of keeping your information protected, and we work hard to ensure that you can trust us. That’s why the most company has bank-level encryption for every client. Plus, with Presto e-transfer, funds are transferred electronically, so you never have to share private financial information.

Why Choose Presto Cash for your e-transfer instant loans in Canada?

It is dedicated to providing clients instant loans whenever they need financial assistance. Thanks to online instant loans offered, you won’t have to wait until your next day to pay for you to be relieved of financial challenges. Instead, you can ask online for a short-term loan, and your application will be processed within a short time and the amount deposited into your bank account.

E-transfer instant loans are the way to go if you want a fast and reliable means to access cash before your next day to pay.

Debt Consolidation Loan: Everything You Need to Know

Debt Consolidation Loan: Everything You Need to Know

Do you have multiple credit streams and struggle to keep track of them? Then, maybe you have taken a lot of loans. Taking a loan is nothing bad. Many people take a loan. But it gets troublesome when you forget to keep track of them, and the bills just keep popping up at the end of the billing cycle.

It is a common problem that many people face. After all, we are still humans and have our desires for which we may take a lot of loans. But often forget to keep track of it. And this is the time when you may need a debt consolidation loan. In this blog, we’re going to discuss everything you need to know about debt consolidation loan and how it works.

What is debt consolidation?

Debt consolidation refers to combining all your loans into a single loan, including online and student loans and instant online loans in Canada. For example, you can take a personal loan to consolidate all your loans if you are struggling with too many credit lines. Likewise, you can combine all the open credits into one.

Debt consolidation doesn’t mean mixing your current loans but taking another loan that pays all your current loans and gives you a new interest rate and credit tenure. For example, a person has a credit card loan of $1000, an education loan of $3000, and a car loan of $2000.

All these loans are different and have their own interest rate. As all your previous loans are paid, you can now focus on your new loan. And as it is a new loan, you also have a new interest rate for your loan.

Advantages of Debt consolidation loan

Save money

Saving money is the main aim of debt reduction. Therefore, you should consider reducing your interest payments while assessing your debt consolidation alternatives, whether settling for a lower interest rate or a shorter payback period.

If you are approved for a balance-transfer credit card with a 0% APR introductory rate, you may be able to pay off your debt with no interest. But you’d have to pay back your debt throughout the initial term, which can run up to 18 months. After the introductory time, interest will be applied to any unpaid debt.

If you are approved for lower interest rate than what you’re presently paying on your debt, using a personal or home equity loan to consolidate your debt can help you pay it off more quickly and save interest.

Better Budget management

Debt consolidation loans can help you better manage your finance. In our life, no matter what you want to improve, simply start tracking it. One of the fundamental ways to improve anything in our life is to start tracking it.

So, in the case of money, start tracking your finances. Check where your money is coming from, where it is going, and what liabilities you own in your different credit lines.

It gets difficult to track and manage them, so debt consolidation loans help you streamline all credit and make it easy for you to keep track of your expenses.

New Debt timeline

When you apply for a new loan, you will have a new loan tenure and must pay according to a new tenure date. You can choose a tenure period for your loan repayment.

If you had a short tenure in previous loans and were paying a significant amount towards your loan, then a new loan can give you a longer tenure at a lower monthly payment.

A new timeline for your loan can help you significantly in your daily life. But before you increase your credit tenure, consider checking the loan interest charged on your loan. And choose a tenure that neither levy a lot of interest nor is difficult to pay in monthly installments.

Improve credit score in the long run

Your ability to make timely payments is reflected in your credit score, although this number isn’t only based on your payment history. Credit reporting agencies heavily consider your credit usage ratio, or how much of your available revolving credit you utilize, as another factor. Your credit use may account for up to 30% of your credit score.

You should maintain low credit utilization to prevent damaging effects on your credit. By paying off your present debt and consolidating it with a personal loan or balance-transfer card, you may be able to obtain new credit opportunities while also reducing your credit utilization and maybe raising your credit score.

Disadvantages of Debt Consolidation loan

After talking about the advantages of debt consolidation loans, it is also important to learn about the disadvantages of the debt consolidation loan to be aware of everything and take a thoughtful decision.

Affect credit score

A hard inquiry occurs when you apply for a credit card or debt consolidation loan will cause a 5–10 point decline in your score. But if you pay off your debt timely, debt consolidation can help you in the long run and make a positive shift in your credit score.

Volatile deals

Depending on your credit, income, and other variables, you might not be eligible for a loan or credit card with a rate lower than the annual percentage rates (APRs) on your current loans. Additionally, you might not be able to obtain enough financing to settle all of your current debt.

Fees

Origination fees for debt consolidation loans can range from 2% to 8% of the loan amount. Credit cards with balance transfers have 3% to 5% transfer fees possible.

May lose collateral

The lender will seize the collateral you pledged to open the loan if you consolidate with a secured loan and are unable to pay back the loan.

Higher credit utilization

Your credit usage ratio can increase if you consolidate using a credit card or another line of credit. As a result, your credit score may fluctuate. However, as loans are not revolving around credit accounts, they do not contribute to credit utilization.

A debt consolidation loan can be a huge relief if you get it at a good price; otherwise, it can also be a burden. So, this is all about the debt consolidation loan. So, with this information now, you can choose a reputed debt consolidation loan provider and get a loan to streamline your liabilities.

If you need emergency funds, you can always count on PrestoCash, as we have a simple online loan application in Canada.

Labour Day 2022: 7 ways to enjoy this Labour Day

Labour Day 2022: 7 ways to enjoy this Labour Day

The day when top persons notice and acknowledge every person’s labour is here. Yes! The Labor Day of 2022 is just around the corner. And this time there are a lot of things that you can do on labour day.

There are numerous activities that you can do on the upcoming labour day. Some are a little patriotic, like marches and parades, while others are more general, like going on a field trip, amusement park, or a trail. But there are far more things you can do on labour day. So, we from PrestoCash have compiled a list of 5 amazing things you can do on Labour Day to make it fun and memorable.

As we all know, Labor day falls on the first Monday of September. And many people hate Monday. So, it is a great time to celebrate Labour Day with an enthusiastic heart. Moreover, it is a great end of summer and a warm way to welcome the fall season.

How is Labour day celebrated?

On Labor Day, trade unions used parades and picnics as a platform to advocate for and celebrate the rights of workers. Some Canadians still associate these with Labor Day, but many people use the first Monday in September to take a last-minute vacation, perhaps to their country home, or to spend time with loved ones at picnics, fairs, festivals, and fireworks shows. As well, the Labor Day weekend is the final opportunity for teens and other students to throw a party or take a vacation before the start of the new academic year.

History

The Toronto Trades Assembly organized the first large demonstration for workers’ rights in Canada on April 15, 1872, which is when Labor Day originally became a national holiday in the country.

The purpose of the protest was to secure the release of the 24 Toronto Typographical Union leaders who had been detained because they had gone on strike in support of a nine-hour workday.

Trade unions were still prohibited at this time, and strikes were viewed as a criminal plot to interfere with commerce.

Despite this, the Toronto Trades Assembly was already an important organization that promoted the formation of trade unions among employees, served as a mediator in conflicts between employers and employees, and alerted the public to worker abuse.

7 Amazing things to do on labour day

Take a road trip

What could be the best way to spend your time enjoying a road trip with your friends? A road trip is a fun and great way to begin your morning of the labour day and enjoy refreshing road trips.

Canada is one of the best places in the world to go on a road trip. One of the reasons is that our country has a lower population, so there is a lower chance of stumbling upon people.

So, you can go on a road trip to the mountains or the outskirts of your city and enjoy a fun ride in nature while listening to your favourite music at full volume. Then, enjoy the warm and comfy winds of summer end that packs the light fragrance of tender grass.

Submerge yourself in nature

Labour Day is the day when everyone working takes a day off. So, you would see a lot of closed shops and stores. So what can be the next best thing that you can do now? Go for a nature stroll in nature.

Have you wondered how it would feel to submerge yourself into nature? Imagine yourself far into the forest surrounded by sky-touching trees, fuzzy sunlight piercing through the dense forest to give you a glimpse of warmth in the shade of native trees.

You can hear numerous insects and birds chirping in the forest and enjoy a serene moment away from the everyday stress and problems. If you love water, go for beach time, swim in a lake or natural stream of water, and enjoy calming and cool natural water.

Go for a picnic or a cookout.

It’s going to be a long weekend in September. Many offices have 5 days working and two days off. So, Saturday and Sunday are normal holidays, but with Labor Day, Monday is also a holiday.

You will have a long weekend this September. So, why not drive to a new location, camp outside, or organize a cookout or a picnic in a completely different location?

It will be something new and a completely amazing way to rejuvenate yourself and your relationship with your family. Also, a picnic will be a great way for people to spend time with each other and have a meaningful conversation.

Spend time chilling

If you don’t have any plans or want to do anything away from home, then simply chill at your home. Grab a beer or another drink and enjoy spending time with yourself.

Enjoy the day by watching Netflix or a movie, grab something to eat, and spend time relaxing and charging in your comfort zone.

And the best part is, you won’t even have to spend anything considerable. So, a pack of potato chips and a drink with a movie is all you need to have a great Labor Day.

Attend Functions and parades

Labor Day is a statutory holiday, and different states celebrate them differently. You can enjoy the parade, attend a function, play a game or enjoy fun and amazing things.

If you live in a metropolitan city, then you are more likely to see a parade and function, but if you are in a town or a village, you may not witness a lively event.

Nevertheless, you can still enjoy the labour day parade on TV or even organize a labour day party or function by working with people in your neighborhood.

These are the best ways to enjoy Labor Day. So, what will you plan for? Share with us in the comment section below! And surely, most of the things on the list involve finance one way or the other. So, if your money influences your decision, then take an e-transfer loan in Canada from PrestoCash and let us help you finance your trip or event. After all, a good memory is the most important thing.