Canadian Real Estate Has “Amplified Risk” For Lenders, False Income Common: OSFI
Canada’s bank regulator is getting its ducks in a row after a routine audit to assess financial system risk. The Office of the Superintendent of Financial Institutions (OSFI) published its first Annual Risk Outlook last week. The report covers systemic risks to the system, including a home price crash. Amongst the issues
Will Liberals put a tax on primary residence sales?
One thing that all real estate investors are painfully aware of when they plan on owning a property is the capital gains tax. With the rules currently in place, you must pay capital gains taxes on the profits you make from the sale of a home or other real estate. This
The ultimate guide to real estate investments
According to Morgan Stanley Capital International (MSCI), an investment research firm, the global real estate investment market came in at USD$8.9 trillion in 2018. This statistic is based on all professionally-managed properties and doesn’t include personal properties. With this info, somebody could conclude that real estate investments are growing, and
New report sheds light on lack of housing in London Ontario, for families
Despite many building projects in the city, the London Development Institute (LDI) has issued a new report that says it’s not enough to keep up with the housing demand. Throughout the pandemic, London has seen an influx of people moving to the city from the Greater Toronto Area. The report
5 ways to keep your investment property in tip-top shape
If you have an investment property, consider it a worthy endeavor that can provide you with a steady source of income. But to maximize your profits from your property, it’s important to ensure it’s in tip-top shape. Taking the necessary actions to keep your investment property in good condition can