CRA Brings Relief to Flood Victims in Alberta
Just yesterday we talked about how the CRA is trying to catch tax cheats around the country. But in addition to keeping Canadians honest, the CRA also steps in when help is needed – and is there to provide it. That’s the current case with flood victims in Alberta who are turning to their employers…
Read moreCRA’s Tax Evasion Investigation goes Middle-Class
For several months now Canadians have known about the massive investigation performed by CRA (Canada Revenue Agency) that’s been trying to expose tax cheats. Up until this point the investigation has mostly focused on offshore tax accounts, and multi-millionaires that are simply trying to hide their money from the government so they don’t have to…
Read moreDon’t Want Your Mortgage Seized? Don’t Live in California!
Thank goodness things like this don’t happen in Canada! But this is one mortgage story from California that was so shocking, we had to tell you about it. If nothing else, it gives us one more reason to be happy that Canada’s and America’s mortgage markets are very different. The story takes place in Richmond,…
Read moreJob Data Tanks in July
Watching the job market is a lot like watching the mortgage market. It’s got its own ebbs and flows, and the emerging data is that of the type that’s always changing. This year March saw a steep decline in jobs, only to be picked up by April’s number of 95,000 jobs that were created. Now…
Read moreUtility Costs Show Desperately Needed Home Renovations to PM Harper’s Home
The home where the Prime Minister of Canada resides at 24 Sussex Drive is a real thing of beauty. Old brick architecture gives it charm, ivy fashionably climbs the wall, and the lawn is perfectly manicured. But underneath that beauty is millions of dollars of home renovation work that needs to be done; and if…
Read moreMoney Talks: Volume 37
In this week’s Money Talks edition we look at retirement savings, the changes occurring with mortgages, and report the latest data found in the total cost of the Calgary floods. Oh, and there’s also a look at one of the nation’s most unique bed and breakfast, as well as the latest unemployment stats too. Personal…
Read moreHow will Mortgage Brokerages Work in 2020?
We all know that anything mortgage brokers and their brokerages do affects the consumers that use them. So what’s going to be happening to this industry within the next 7-10 years? And how is that going to affect you? Michael Sjerven, a principal broker with Verico Vivid Mortgage in Vancouver looks at the biggest changes…
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