Vacant Home Tax
VACANT HOME TAX Declare the 2023 occupancy status of your residential property. Owners of properties in Toronto that are classified within the residential property tax class are required to declare occupancy status every year. The deadline to declare is ...
Can you file multiple years of income taxes together in Canada?
Can you file multiple years of income taxes together in Canada?Yes, you can file income tax returns for previous years. But with opportunity comes some things to consider first, before you hit Netfile. Photo by Los Muertos Crew from Pexels Tax season is approaching. Soon, more than ...
Can a first-time home buyer have a mortgage co-signer?
Can a first-time home buyer have a mortgage co-signer? If you don’t qualify for a mortgage or you need more buying power, getting a co-signer may be an option. More on this and other home-buying strategies.Image by pch.vector on FreepikIf you’re in the market ...
Fixed or variable mortgage rate: Which should you choose in 2024?
After nearly two years of interest rate increases, cuts may be on the horizon—here’s what that means for current and prospective home owners.If you have a mortgage on your home or have been trying to break into the housing market, you’ve probably watched interest rates go up, up, up over the ...
Advice for homeowners after the Bank of Canada rate decision
On January 24, 2024, the Bank of Canada announced it would be holding its overnight lending rate steady at 5%.The Bank of Canada announced on January 24 that it would be holding its overnight interest rate steady at 5%, which is prompting economists with TD Economics to forecast that the first ...