Exclusive CEBA Loan Financing Program

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Has your small business taken advantage of the Canada Emergency Business Account (CEBA) during the pandemic? Repaying the loan might appear challenging for those who borrowed and are experiencing financial hurdles, but there is a ray of hope. Let's delve…

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Vancouver’s Real Estate Market Surges

The Vancouver real estate market is on fire, showing robust signs of recovery and growth despite higher mortgage costs. According to the Real Estate Board of Greater Vancouver (REBGV), residential home sales in July soared by nearly 30%, reaching 2,455…

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Canada’s Inflation Rate Drops Below 3%

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Canada's annual inflation rate experienced a significant drop in June, falling to 2.8%, as gas prices continued their descent. This decrease brought the yearly price growth within the Bank of Canada's target range of 1% to 3%. While the overall…

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City of Vancouver Aims to Launch Online Development Permitting Tools, Cutting Down Review Time

In an effort to streamline the City of Vancouver's permitting processes, the local government has announced the upcoming launch of two digital tools: the Project Requirements Exploration Tool (PRET) and eComply. These tools, developed in collaboration with Australian software company…

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BoC increased its rate today by 0.25%

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Buckle up, folks! The Bank of Canada (BoC) is back in action, raising its rates to 4.75% and stirring up some rate-hike anxiety. Whether you have a variable-rate mortgage or a HELOC, it's time to pay attention as this move…

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Co-signing for a Commercial Mortgage in Canada: Key Considerations, Pros and Cons

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Introduction: Co-signing for a commercial mortgage is a significant financial decision that requires careful consideration and expertise. In Canada's dynamic business landscape, professionals and experts must understand the implications, advantages, and disadvantages of co-signing for a commercial mortgage. This blog…

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April Sees a Resurgence in Home Sales as National Average Home Price Raise Back Above $700,000

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The Canadian housing market is seeing a resurgence as home sales spiked by 11.3% in April compared to the previous month. This surge in activity, according to the Canadian Real Estate Association (CREA), indicates that the prolonged slowdown in the…

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5 Things You Need to Know About Canada’s New Tax-Free First Home Savings Account (FHSA)
Canada's New Tax-Free Savings Account For First Home (FHSA)"

5 Things You Need to Know About Canada’s New Tax-Free First Home Savings Account (FHSA)

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Canada’s newest registered savings plan, the tax-free first home savings account (FHSA), officially launched on April 1st, 2023. The FHSA allows prospective first-time homebuyers to contribute up to $40,000 and save on a tax-free basis towards the purchase of their…

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