Oct 4, 2016|Source: CBC
Ottawa tightens mortgage requirements and targets foreign money
Ottawa has announced new rules aimed at limiting foreign money into Canadian real estate and ensuring that borrowers take on mortgages they can afford. (Continued)
Seven Changes to Canadian Tax
Seven Changes to Canadian Tax
Ottawa tightens mortgage requirements
Reporting the sale of principal residence
Red flag on Canada's housing market
Home prices in Ontario expected to increase
Dec 20,2017|:Source: CPA
7 Changes to Canadian Tax
Canadians saw substantial change in how they are taxed. On the personal front, federal arts and fitness credits were eliminated on January 1, as were federal education and textbook credits. (Continued)
IMPORTANT DATES 2018
RRSP Deadline..............................March 1
Individual Tax Filling.....................April 30
Self-Employed Tax Filling............June 15
Balance Owing..............................April 30
Oct 3, 2016|:Source: CRA
Reporting the sale of your principal residence for individuals
The Government announced an administrative change to CRA’s reporting requirements for the sale of a principal residence.(Continued)
NEWS
Jun 14, 2018|Source: Global News
Home prices in Ontario expected to increase moderately
The recent easing of home prices in Ontario isn’t expected to last long, thanks to solid economic growth projections and rising interest rates. (Continued)
New mortgage rules
2018
"Accounting is the language of business"
Dec 10, 2017|Source: Global News
New mortgage rules
Jan 1, 2018, Canadians getting, renewing or refinancing a mortgage might have to prove that they would be able to cope with interest rates substantially higher than their contract rate. (Continued)
CAD > USD USD > CAD
1 0.75 1 1.33
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Dec 1,2017|:Source: CPA
7 Changes to Canadian Tax
Canadians saw substantial change in how they are taxed. On the personal front, federal arts and fitness credits were eliminated on January 1, as were federal education and textbook credits. (Continued)
Oct 27, 2016|Source: CBC
CMHC waves red flag on Canada's housing market
High prices in hot markets of Toronto and Vancouver are affecting the suburbs, agency says
It's not just Toronto and Vancouver. (Continued)