As of March 2026, the Ontario government announced it will waive the 8% provincial portion of the Harmonized Sales Tax (HST) on all newly built homes (up to $1 million) to stimulate the housing market. This temporary tax relief is being expanded from a previous, more limited program intended for first-time buyers. Key Details on the Ontario New Home HST Waiver (2026): Scope: The exemption...
I wanted to share an important reminder regarding your property taxes for 2026. If you believe your home’s assessed value is too high or inaccurate, you have the right to challenge it through the Municipal Property Assessment Corporation (MPAC). Key Deadline: March 31, 2026 By this date, homeowners must file a Request for Reconsideration (RfR) with MPAC. This is a free process and is the...
Here’s how much Ontario home prices have dropped (or climbed) since the last federal election With Canadians set to go to the polls today, the election has somehow become a little less about domestic issues and more about existential threats–namely tariffs and annexation threats levelled by U.S. President Donald Trump. However, while many Canadians are voting for the candidate they...
Good Morning! Today, the Bank of Canada lowered its key rate to 4.5% from 4.75%, marking its second cut in a row. This move aims to ease inflation and address economic growth concerns by considering the broader economic picture, not just inflation. With global supply chains improving and economic growth slowing, high interest rates have kept consumer spending in check. The Bank of Canada is now taking...
A private investigation firm working for a title insurance company says a handful of organized crime groups are behind a string of real-estate frauds in the GTA — where at least 30 homes have either been sold or mortgaged without the real owners' knowledge. (Cole Burston/Bloomberg) A year ago, Melissa Walsh says police assured her family it only happened to them. Fraudsters nearly sold her great...
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