It’s very interesting. This article that appeared in the Globe & Mail summarizes the current economic situation in Canada: Canada’s a real estate nation, just waiting for a crash. Canada has moved from being a somewhat industrialized nation to a nation that is now more than somewhat dependent on real estate for its economic well-being. […]
For those of you located in the Province of Ontario who rent, you should have a look at the information provided by the Landlord and Tenant Board for the Province of Ontario. Whether you are a landlord or tenant, renting an apartment or house, you need to be aware of how rentals are regulated in the province. Each province in Canada has a similar body. Rules differ between the provinces, so depending on where you are looking, you need to review your provincial rules governing rentals.
It would seem that foreign investors are now looking to Calgary as the place to invest. The reality is, however, that Calgary has for years been a very volatile real estate market given that the city’s economic fortunes are closely tied to the price of oil. So it would seem to me that the investment metrics […]
Now that the 15% property tax in Vancouver is starting to bite, we see the commentary swing the other way. DATA: Is the Metro Vancouver real estate market in free fall? The article discusses the starting/possible serious decline in real estate prices in Vancouver. It’s interesting to see that the decline was already starting when the 15% […]