Budgeting during our state of emergency

General Angela Calla 7 Apr

During these times I wanted to offer you a worksheet (in a Printable PDF or Editable Spreadsheet) while people are going through the budgeting process and evaluating their financials as a tool to help empower you.

Before you look at this sheet here are some basics and links I wanted to bring to your attention to help you preserve cash.

While you go through this please note here are some helpful links:

Applying for EI

Numbers for Lenders for mortgage payment deferral

Other options to potentially delay payments

Information for Landlords 

Property Taxes

Hydro

Car Loans Insurance Premiums (Personal, Car, Life)

There are currently no deferral systems in place for strata payments but you can learn about the best way to manage your meetings.

How to manage Strata meetings during COVID-19

You may also want to consider going through your credit card and bank statements for subscriptions, expenses and charity donations you believe are no longer necessary. This could potentially free up a sizeable amount of income.

Feel free to share this with anyone you believe could benefit! We’re here to help.

Do you have outside debt? Want to take a mortgage for a test drive? Email us at callateam@dominionlending.ca

Angela Calla is a 16-year award-winning woman of influence mortgage expert. Alongside her team, passionately assisting mortgage holders to get the best mortgage, and educating them on The Mortgage Show on CKNW for over a decade and through her best-selling book The Mortgage Code available on Amazon. To purchase the book click here: The Mortgage Code. Proceeds from all sales will be donated to Access Youth Outreach Services. Angela can be reached at callateam@dominionlending.ca or 604-802-3983.

Information for renters and landlords during COVID-19

Latest News Angela Calla 7 Apr

The B.C. government reassures renters they will not be evicted if they cannot pay rent during the state of emergency related to novel coronavirus (COVID-19). As announced on March 25, 2020, the Province has halted evictions during the COVID-19 crisis.

To support renters who are facing a loss of income during the pandemic, a new Temporary Rental Supplement (TRS) will also offer up to $500 a month to help renters pay part of their rent and help ensure landlords continue to receive at least some rental income right now. More information about this program will be available by mid-April 2020. While the program will launch later this month, qualified tenants will be able to receive supplemental rent support for April, May and June 2020. This supplement is in addition to funding available from the federal government and the $1,000 B.C. Emergency Benefit for Workers.

There are existing programs for renters, such as Shelter Aid for Elderly Renters (SAFER) and the Rental Assistance Program (RAP).

More information on these programs is available online.

In response to the challenges posed by the current crisis, there are also programs available from the federal government online.

While the rental supplement is designed to help renters pay their rent during this emergency, renters will be responsible for any outstanding rent owing after the state of emergency has ended.

Renters who are not experiencing financial hardship should still pay their rent. Tenants who are able to make even a partial rent payment are encouraged to do so.

The people providing rental housing rely on rent payments to pay for their utilities, mortgages and other bills related to the rental property. If renters are unable to pay the full rent or need more time, they are encouraged to inform their landlord and to apply for the supplement and other support programs.

People interested in the new TRS program should monitor the BC Housing website for details on eligibility, the application process and other steps. This information will be posted on this website in the coming weeks.

To protect both renters and landlords during this time, the Province has frozen rent increases for existing tenants, allowed landlords to restrict the use of common areas by tenants or guests to protect against the transmission of COVID-19, and given renters the right to control who enters their units, except in emergency circumstances. These measures and others are outlined in the March 25, 2020, announcement.

Renters and landlords are encouraged to do their best to come to mutual solutions during the pandemic. People with specific questions should contact the Residential Tenancy Branch.

For translations and further info please visit the BC Government Website.

 

Landlord BC is comprised of passionate professionals and industry experts, BC’s top resource for owners and managers of rental housing, a member-driven professional association leading the rental housing industry in BC, over 3,300 members strong. Their members include property owners, property managers with purpose-built rentals, secondary suites, and investment properties. Passionate about making members jobs easier, legislation clearer, and the rental housing market better for everyone.

 

Angela Calla is a 16-year award-winning woman of influence mortgage expert. Alongside her team, passionately assisting mortgage holders to get the best mortgage, and educating them on The Mortgage Show on CKNW for over a decade and through her best-selling book The Mortgage Code available on Amazon. To purchase the book click here: The Mortgage Code. Proceeds from all sales will be donated to Access Youth Outreach Services. Angela can be reached at callateam@dominionlending.ca or 604-802-3983.

Register for our Webinar on Mortgage Clarity

General Angela Calla 6 Apr

Looking for some Mortgage Clarity during these challenging times? Join us for Angela Calla’s Webinar with the Tri-Cities Chamber of Commerce.

Register here

 

Angela Calla is a 16 year award-winning woman of influence mortgage expert. Alongside her team, passionately assisting mortgage holders get the best mortgage, and educating them on The Mortgage Show on CKNW for over a decade and through her best-selling book The Mortgage Code available on Amazon. To purchase the book click here: The Mortgage Code. Proceeds from all sales will be donated to Access Youth Outreach Services. Angela can be reached at callateam@dominionlending.ca or 604-802-3983.

Summary of Canada’s Emergency Benefits

General Angela Calla 6 Apr

Here is a summary of Canada’s emergency benefits.  Today is the day you are able to begin applying.   Although they are asking us to stagger the applications based on your month of birth.

𝗥𝗘𝗦𝗢𝗨𝗥𝗖𝗘𝗦 𝗢𝗙 𝗖𝗢𝗩𝗜𝗗-𝟭𝟵

𝗛𝗼𝘄 𝗧𝗼 𝗔𝗽𝗽𝗹𝘆 𝗙𝗼𝗿 𝗘𝗜 & 𝗖𝗢𝗩𝗜𝗗-𝟭𝟵 𝗥𝗲𝗹𝗮𝘁𝗲𝗱 𝗕𝗲𝗻𝗲𝗳𝗶𝘁𝘀

EMPLOYMENT INSURANCE

EMERGENCY SUPPORT BENEFIT

EMERGENCY INSURANCE SICKNESS BENEFIT

EMERGENCY CARE BENEFIT

NEED MORTGAGE HELP?

CHILD CARE BENEFITS

𝗦𝗨𝗣𝗣𝗢𝗥𝗧𝗜𝗡𝗚 𝗥𝗘𝗡𝗧𝗘𝗥𝗦, 𝗟𝗔𝗡𝗗𝗟𝗢𝗥𝗗𝗦 𝗗𝗨𝗥𝗜𝗡𝗚 𝗖𝗢𝗩𝗜𝗗-𝟭𝟵

TAX DEADLINE

𝗗𝗲𝗱𝗶𝗰𝗮𝘁𝗲𝗱 𝗘𝗜 𝗣𝗵𝗼𝗻𝗲 𝗟𝗶𝗻𝗲: 1-833-381-2725

𝗖𝗮𝗻𝗮𝗱𝗮’𝘀 𝗖𝗢𝗩𝗜𝗗-𝟭𝟵 𝗘𝗰𝗼𝗻𝗼𝗺𝗶𝗰 𝗥𝗲𝘀𝗽𝗼𝗻𝘀𝗲 𝗣𝗹𝗮𝗻

𝗖𝗢𝗩𝗜𝗗-𝟭𝟵 𝗕𝗖 𝗦𝘂𝗽𝗽𝗼𝗿𝘁 𝗔𝗽𝗽 𝗮𝗻𝗱 𝗦𝗲𝗹𝗳-𝗔𝘀𝘀𝗲𝘀𝘀𝗺𝗲𝗻𝘁 𝗧𝗼𝗼𝗹

Supporting Families During COVID-19: Child Mind Institute

COVID-19 Action Plan: B.C.’s first steps to support people, businesses

Protecting jobs during difficult times

COVID-19 Provincial Support and Information

ICBC allowing drivers to put off payments for 90 days, renew licences by phone

Tips for managing anxiety during the COVID-19 pandemic

𝗧𝗥𝗔𝗩𝗘𝗟 𝗔𝗗𝗩𝗜𝗦𝗢𝗥𝗜𝗘𝗦 – 𝗖𝗔𝗡𝗔𝗗𝗔

𝗧𝗥𝗔𝗩𝗘𝗟, 𝗩𝗜𝗦𝗔 𝗔𝗗𝗩𝗜𝗦𝗢𝗥𝗜𝗘𝗦 𝗔𝗡𝗗 𝗨𝗣𝗗𝗔𝗧𝗘𝗦 – 𝗜𝗡𝗗𝗜𝗔

 

Non-medical Questions

📞 Call 1-888-COVID19

📱 Text 604-630-0300

 

Medical Questions only

🏥 Call 8-1-1

 

Angela Calla is a 16 year award-winning woman of influence mortgage expert. Alongside her team, passionately assisting mortgage holders get the best mortgage, and educating them on The Mortgage Show on CKNW for over a decade and through her best-selling book The Mortgage Code available on Amazon. To purchase the book click here: The Mortgage Code. Proceeds from all sales will be donated to Access Youth Outreach Services. Angela can be reached at callateam@dominionlending.ca or 604-802-3983.

B.C.’s new rental support measures leave landlords in lurch

General Angela Calla 2 Apr

A B.C. emergency-response rental package that could balloon above $1 billion over the next 90 days will leave landlords exposed to huge losses, according to agents and LandlordBC.

Tenant advocates are openly wondering if it even makes sense to pay rent.

In a response to the COVID-19 crisis, the March 25 announcement by the provincial government will end virtually all rental evictions – including those currently in process – freeze rental increases, and pay $500 direct to landlords to help tenants battling job and income losses over the next three months.

Read more here: Business in Vancouver

Angela Calla is a 16 year award-winning woman of influence mortgage expert. Alongside her team, passionately assisting mortgage holders get the best mortgage, and educating them on The Mortgage Show on CKNW for over a decade and through her best-selling book The Mortgage Code available on Amazon. To purchase the book click here: The Mortgage Code. Proceeds from all sales will be donated to Access Youth Outreach Services. Angela can be reached at callateam@dominionlending.ca or 604-802-3983.

123