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Canada’s top central banker isn’t worried about the country’s hot housing market, saying low-interest rates and demand for space rather than speculation are behind the price gains. Accommodative monetary policy, a preference for more living area and the ability to work from home during the pandemic are the main reasons demand for single-family homes across […]
COVID-19: Government Financial Support During Lockdowns Please note: the federal government is constantly updating its website as new information is announced. Remember to check Canada’s official coronavirus webpage and CREA’s COVID-19 online hub to stay up to date. As some provinces re-enter strict lockdowns to combat the spread of COVID-19, here are the financial assistance […]
Speaking Notes for Evan Siddall Standing Committee on Finance Ottawa, Ontario Thank you, Chair, for this opportunity to update the Committee on how CMHC is helping to stabilize Canada’s financial system and support the economic well-being of households and small businesses during the COVID-19 pandemic. My appearance before you today is also timely in informing […]
GOOD NEWS, COUNCIL APPROVED THESE MEASURES. Richmond Hill taxpayers receive immediate relief for the remainder of this year. Until January 1st, 2021, you do not have to make any water or property tax payments. (Please NOTE #2 below for a condition) However, if you are like me, and are in a position to make your […]
First and foremost, I hope you and your families are safe and well. The last few weeks have been unprecedented for all of us, to say the least, but the good thing is that we will get through this together soon. If you are experiencing financial hardship, you can request from your lending institution […]
