Canadian Job Growth Slows Markedly in December as the Unemployment Rate Rises to 6.8% Today’s Canadian Labour Force Survey for December was weaker than expected. Employment was little changed (+8200; 0.0%), and the employment rate held steady at 6.9%. This followed three consecutive monthly increases. The jobless rate rose 0.3 percentage points to 6.8%, as […]
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G.S.T. AND First Time Home Buyers
June 24, 2025 On May 27, 2025, the Federal Government issued a press release that provides for a Goods and Services Tax (“GST”) rebate for first time home buyers (FTHB) of new homes (and co-ops). The press release indicates that the Excise Tax Act will be amended to provide FTHB with a full GST rebate […]
Understanding Private First & Second Mortgages
When traditional lending options like banks and credit unions fall short, private mortgages can offer a flexible solution. Whether you’re dealing with a tough credit situation, need quick financing, or looking to tap into your home equity, private first and second mortgages might be the answer. Let’s break it down in simple terms. ✅ What […]
First Time Buyers Info
📌 1. Can You Afford to Buy in Vancouver? The average home price in Metro Vancouver remains one of the highest in Canada. As of mid-2025, you’ll need at least $80K–$120K in household income and a minimum 5% down payment to get started. 💡 Tip: Consider looking in areas like East Vancouver, New Westminster, or […]
30 Year, Insured, Amortizations Are Back…
…however, there’s some caveats to that.To get a 30-year insured amortization: