Alright folks,. The Bank of Canada is now confident that inflation is easing up sustainably. They're leading the pack, cutting rates before the Bank of England, the European Central Bank, and the U.S. Federal Reserve. "We've made significant progress in our fight against inflation," said Governor Tiff Macklem in Ottawa. "We're more confident now that inflation will keep moving closer to our 2 percent target." Here’s where we stand: The... [read more]

Recent Changes in the 2024 Federal Budget The 2024 federal budget (Budget 2024) proposed to increase the capital gains inclusion rate for individuals, trusts, and corporations. Specifically, 66.7% of capital gains realized on or after June 25, 2024, would generally be included in income for tax purposes (this is up from 50%). To provide some relief, the budget proposed that capital gains up to $250,000 realized by an individual—either directly or indirectly through a trust or... [read more]

Selling a tenanted home in Ontario requires careful attention to detail and following the laws and regulations governing landlord-tenant relationships. Let me give you a rundown of what you need to know: Check the Lease Agreement: Start by reviewing the lease agreement between you (the seller) and the tenants. Understand the terms, termination clauses, and any specific provisions related to selling the property. Serve Proper Notice: In Ontario, you can sell a property with... [read more]

Welcome to our blog! Today we're going to talk about one of the biggest financial decisions of your life: buying a house. Whether you're a first-time homebuyer or you've owned several properties, there are some important questions you need to ask yourself before making a purchase. In this post, we'll go through the most crucial financial questions to ask yourself before buying a house. Can I afford it? Before you start shopping for a house, it's crucial to determine... [read more]

Welcome, dear readers, to our blog where we believe that home transformations don't need to break the bank. If you're dreaming of reviving your living space but are on a tight budget, fear not! In this article, we'll explore ten budget-friendly renovation ideas that will bring joy to your home without emptying your wallet. Let's dive in! Embrace the Power of Paint: One of the most cost-effective ways to breathe new life into any room is a fresh coat of paint. Experiment... [read more]