Bank of Canada announced the rules have changed to make it tougher to qualify for an insured Mortgage. All Insured Mortgages will need to qualify under the Bank of Canada’s benchmark rate (currently 4.64%) on all the terms set out by the banks 4, 5…
Year: 2016
We Won! Did you know you are working with the Best Brokerage in Canada?
After being nominated two years in a row, we finally won the Best Mortgage Brokerage Award for 2016. Third times a charm! "Winning this category is a feather in the cap of any brokerage, and it's perhaps even more impressive that such a young company…
New Government = New Taxation Terms 2016
Filing taxes is going to be a bit different this year, as certain terms have changed under new Government. I'd like to offer a simplified bullet points of new conditions to help you when crunching numbers this tax season. Income Splitting: Stephen Harper’s income splitting is still…