Hello and welcome to my April 2023 newsletter where we discuss Real Estate and Mortgage insights and updates, particularly in Ontario and GTA. The previous
Canada’s Finance Minister Chrystia Freeland tabled the 2023 federal budget in Parliament on the 28th of March, highlighting steps that the government of Canada is
Further to my post dated 10 Jan 2023 regarding Canada’s foreign homebuyer ban, govt of Canada has just announced some changes. Starting from March 27,
Hello and welcome to my second newsletter of 2023 where we discuss Real Estate and Mortgage insights and updates, particularly in Ontario and GTA. The
What does it mean? With the More Homes Built Faster Act, up to three residential units are permitted “as of right” on most land zoned
What is it? Once passed and officiated, the act would eliminate interest on Federal loans starting on April 1, 2023. Key Points Important information to
What is it? For any agreement of purchase and sale that was entered into on or after March 30, 2022, the Non-Resident Speculation Tax (NRST)
What is it? As of January 1st 2023, any profit that is made from the sale of a property which was owned for less than
What is it? As of January 1, 2023, all properties deemed vacant for more than 6 months during the previous year will be charged a
[29 March 2023 Updates To Canada’s Foreign Homebuyer Ban And Underutilized Housing Tax link here] Further to my Jan 4 post on Canada’s ban on
