Overview: an in-depth look at the federal government’s proposed capital gains tax hike and its potential impacts on the GTA housing market. One of the biggest and most controversial proposals is increasing the capital gains inclusion rate. What exactly are capital gains? And what’s an inclusion rate? And how do…
Tag: Canada
A Guide To The Trust In Real Estate Services Act (TRESA)
Overview: a guide to understanding Ontario’s updated Trust In Real Estate Services Act (TRESA), including what it is, how it works, penalties and protections, and what it means for buyers and sellers. And it’s all thanks to TRESA, or the Trust In Real Estate Services Act. In fact, the new…
A Guide To The Buyer Representation Agreement (BRA)
Overview: an in-depth guide to understanding Ontario’s Buyer Representation Agreement (BRA), including what it is, its benefits and risks, advice for buyers, and more. The law first went into effect back in January 1, 1995, and was revamped on December 1, 2023. So what is the Buyer Representation Agreement? Why…
An Ultimate Guide To Receivership in Canada
Overview: a guide to understanding receivership in Canada, including what it is, the process, examples, and advice on how to avoid it. The news didn’t come as a surprise, since the condo has faced years of delays and rising costs. But what is surprising is that it happened in Toronto,…
Record Immigration & Canada’s Housing Shortage
Overview: a look at the impact of record immigration on Canada’s housing shortage, new immigration targets, and solutions to the housing crisis. After setting immigration records over the last 3 years, Canada plans to level off the number of new permanent residents starting in 2026. The reason? A growing belief…