In one of the more hotly anticipated economic moves this quarter, the Bank of Canada recently raised interest rates for the first time in 7 years, lifting its benchmark interest rate to 0.75 per cent from 0.50 per cent I talked recently in my Summer forecast for Toronto real estate (click here…

A recent article in The Globe And Mail called Toronto Eyes Vacancy Tax To Rein In Real Estate Speculation put the number of vacant properties in Toronto at 65,000. Yikes! That’s a lot of empty properties! The article goes on to say that “while anecdotes about ‘dark condos’ and oddly empty…

Following their meeting on February 15th, City of Toronto Council has approved changes to the Toronto Land Transfer Tax – which means additional Toronto Land Transfer Tax costs for buyers with a closing date on, or after March 1, 2017 – when it will be harmonized with the provincial Land…

Right now we’re seeing a few shake-ups by policy-makers in an effort to quell the hot markets of Toronto and Vancouver.     Back in August, Vancouver introduced a 15% tax of foreign buyers in an effort to halt the run-away prices which have leapt far beyond the affordability of…

Although Mother’s and Father’s Days have passed already this year, there is always cause to pause and reflect on the ongoing supportive roles our parents play in our lives. From the time we can walk, parents start putting steps in place to help their little ones have the knowledge, street…