New changes to capital gains taxation take effect Tuesday. For capital gains of $250,000 or less, the inclusion rate remains at 50%. This measure, announced by Prime Minister Justin Trudeau, is designed to ensure generational fairness. The Liberal government hopes…
Have you noticed an increase in your electricity bill? With the government’s recent price hikes, it's more important than ever to find ways to save energy and reduce costs. Here are some effective tips to help you lower your electricity…
The Bank of Canada has lowered its overnight rate to 4.75%, a reduction of 25 basis points from the previous 5% level that had been in place since July 2023. This marks a significant shift in monetary policy, as the…
Average apartment rents in the Montreal region could rise by 27% over the next three years. A potential drop in interest rates and a slow recovery in construction in 2024 will not be enough to curb this increase, whether for…
Downsizing for retirement is a smart way to simplify your life and enhance your golden years. Imagine less house to clean, fewer bills to pay, and more money in your pocket from selling your larger home. This move offers significant…
Applying for a building or renovation permit can take from 24 hours to six months, depending on the nature and complexity of the work. Times also vary according to the municipality and the preparation of your file. It's crucial to…
Investing your RRSPs in an income property may sound tempting, but before diving in, it's crucial to weigh up the pros and cons. First of all, it's important to note that RRSPs cannot directly hold an income property. Instead, this…
Just bought a new home or signed a lease? Follow this essential checklist for a stress-free move! 90 Days Before the Move: Set the Date: Lock in your moving day and book movers or recruit friends to help. Plan the…
Buying a home in need of renovation may seem daunting, but it's an excellent opportunity to create the space of your dreams. The purchase-renovation mortgage offers a flexible solution for financing both the purchase of your home and the necessary…
Preventing and Managing Flood and Water Damage: Caution is Key Annually, many residents in Quebec face the destructive force of nature during spring. The melting snow leads to flooding and water seepage, potentially causing significant damage to properties. To safeguard…
