General 4 Oct
News Provided By Royal LePage Real Estate Services Sep, 28, 2021 Home ownership remains a top priority for many Canadians. While buying a home is seen as a milestone and can improve your quality of life, most are hoping that their purchase will also be a sound financial decision. A recent study1 has found that, for […]
Read MoreGeneral 23 Sep
The Tri-Cities Chamber of Commerce Business Excellence Awards.Facebook/Tri-Cities Chamber of Commerce Do you know of a business or businessperson that deserves recognition for their perseverance and dedication? It’s undoubtedly been another trying season for businesses — big, medium or small — in the region with the COVID-19 pandemic, but the Tri-Cities Chamber of Commerce (TCCC) is hoping to honour those […]
Read MoreGeneral 16 Sep
The Liberals have clarified what they’ll do for the Canadian Housing Market in a recent campaign. The Party releases an aggressive housing plan faceted to combat other Party’s aggressive housing plans. Trudeau promises a number of notable things, Billions of dollars in new funding, measures to curb the practice of “flipping” homes Efforts to block […]
Read MoreGeneral 15 Sep
B.C.’s maximum allowable rent increase amount for 2022 is being set at 1.5%, based on inflation. This increase cannot take effect prior to Jan. 1, 2022. If landlords choose to increase rent, they must provide a full three months’ notice to tenants using the correct notice of rent increase form. To support British Columbians, the […]
Read MoreGeneral 8 Sep
There’s an old saying that it’s better to give with a warm hand than a cold one. Put another way, for many parents, there are benefits to gifting money to the next generation while you’re still alive or providing what’s known as a “living inheritance.” There’s an emotional reward that comes with giving adult children […]
Read MoreLatest News 8 Sep
Housing Dampened Economy in Q2 This morning’s Stats Canada release showed that the economy unexpectedly contracted in the second quarter by 1.1%, down from the revised 5.5% gain in the first three months of the year. The Canadian dollar dipped on the news to $.7921 as questions of resiliency in the face of the delta […]
Read MoreGeneral 8 Sep
The Bank of Canada today held its target for the overnight rate at the effective lower bound of ¼ percent, with the Bank Rate at ½ percent and the deposit rate at ¼ percent. The Bank is maintaining its extraordinary forward guidance on the path for the overnight rate. This is reinforced and supplemented by the […]
Read MoreGeneral 26 Aug
We are excited to enter the next season with optimism in BC’s Fall Housing Market. However, we’d like to point out 7 things that people should continue to observe as the season changes over. 1. A hot pre-sale market Attractive to young buyers, British Columbia’s pre-sale market is hot and booming. This is perfect for […]
Read MoreGeneral 24 Aug
5 Tips to help you save for a down payment! 1. Eliminate high interest debt first Any outstanding credit card bill or high interest rates can impact the time it takes for you to save for a down payment. In addition, every $480 spent on car payments might hold you back from securing the […]
Read MoreGeneral 24 Aug
Annual inflation hits 3.7% in Canada—a new election issue. Canadian inflation hits highest reading in two decades. This morning’s Statistics Canada release showed that the July CPI surged to a 3.7% year-over-year pace, well above the 3.1% pace recorded in June. This is now the fourth consecutive month in which inflation is above the 1% […]
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