Flaherty thinks privatization
By Sam ReissSince taking a number of measures over the last few years to quell the Canadian market through the Canada Mortgage and Housing Corp, it seems Finance Minister Jim Flaherty has done an about-face. He now says he’s done intervening and thinks
Nobu betting on Toronto’s hot market
With headlines warning of a housing bubble and the Mayor of Toronto meeting with the provincial and federal finance ministers to discuss strategies to cool and take control of the market, you’d think some developers may be hesitant to launch an ultra
Will the GTA housing market experience a slowdown this year?
On the heels of a hot housing market for 2016, Global TV’s finance expert Preet Banerjee thinks we’re going to lose some steam as 2017 progresses. Owing largely to the change in mortgage rules that will mean some buyers lose between 15% and 20% of their
How to prepare for final closing on your pre-construction condo
Through the stages of development of your pre-construction condo, perhaps the most crucial is the transition from interim occupancy to final closing. The most important of the moving pieces to have in place during this transition is your financing.
Now or Later? Your Financial Strategy
Finances aren't something that everyone readily understands, but having a financial strategy is a necessity for a new homeowner. When money is tight, you have to be careful with every penny. You also want to think about how you can get ahead. Where
How involved should government be when it comes to cooling the housing market?
Finance Minister Charles Sousa said earlier this week that the upcoming provincial budget will include measures to cool the housing market. Reportedly, disappointment at the lack of measures in the recent federal fiscal plan prompted the announcement,
Is the foreign buyers tax actually working?
The Ontario Ministry of Finance released new data, which they say is evidence that the non-resident speculation tax - or foreign buyers tax as most people refer to it - has been successful so far. According to the province, 3.2% of the 66,434 real
Airport Announced for Pickering Lands
On Tuesday June 11, 2013, Federal Finance Minister Jim Flaherty, on behalf of the Harper government, announced their plans for the expansive Pickering Lands. It looks like Pickering is to get an international airport, but some issues have already
