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: Canadian law
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,…
Ultimate Guide To Power of Sale Vs Foreclosures in Ontario
Overview: an in-depth guide to Power of Sale and Foreclosures in Ontario, with information on the process, risks and benefits, plus advice for homeowners. When that happens, they’re faced with two very difficult choices: Power of Sale or Foreclosure. But what do these two terms mean? And what exactly are…