Archive For The “Financial” Category

Canadian Mortgage Qualification Rule Changes: Oct. 2017

In an effort to keep Canadians from taking on a larger mortgage than they can afford the Liberal government has announced significant changes to the mortgage qualification rules. Finance Minister Bill Morneau also noted these changes should help stem some of the concerns about foreign buyers buying and flipping houses such that they drive up housing costs…

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How to maximize your company’s value when planning to sell

A business strategy excerpt from the Business Development Bank of Canada Canada’s population is aging and Canadian entrepreneurs are no exception. In fact, close to 60% of Canada’s small and mid-sized business owners are aged 50 or older, nearly double the proportion of the overall workforce. As a result, Canada is in the midst of a major…

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(Orillia) Hydro deal will energize real estate: expert

“…and will also put positive pressure on the housing market, stabilizing it and buffering it against any future downturns… Orillia and Hydro One Deal is a Good Deal For Orillia Real Estate By Mehreen Shahid, in Orillia Packet & Times  on Wednesday, August 17, 2016 The city’s deal with Hydro One bodes well for the future of real estate…

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Are Rental Properties Actually Profitable?

  We came across this good post on investing in rental real estate by Zenith Properties NW. “In short, yes, rental properties are and can always be a very good investment. Saying that, investing in rental properties isn’t for everyone and, no matter what, you’re going to have to do your due diligence in order to…

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