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GTA home sales are down, but may be more short-term bump than long-term correction. Royal LePage CEO Phil Soper says that, like a lot of chief executives, he is prone to optimism. But that didn’t stop him from calling Toronto the least healthy housing market in the...
Land Transfer Tax Rebate 1. What is the Land Transfer Tax Rebate? The Land Transfer Tax Rebate is another tax credit available to first time homebuyers in Ontario, British Columbia, and Prince Edward Island. Each province has its own rules about who is...
GST/HST New Housing Rebate 1. What is the GST/HST new housing rebate? If you buy your home before it’s built, or if you substantially renovate an existing home, you could qualify for a rebate a portion of the sales tax. The amount of the GST/HST new housing rebate...
Canada. Revenue. Canada Revenue Agency. 26 Oct. 2016. Web. 2 Aug. 2017.
The Toronto real-estate market is "still healthy," said Mayor John Tory, despite new numbers showing the biggest monthly plunge in sales in seven years. "Toronto real-estate investment is still, I think, an excellent investment for people, so those who bought a house...
OTTAWA — The Bank of Canada has hiked its benchmark interest rate to 0.75% from 0.5%, its first increase in nearly seven years, amid expectations of stronger economic growth this year. Such a move is bound to increase the costs of mortgages, home equity lines of...