An FHSA is a vehicle people can use to save for purchasing their first home while receiving a tax deduction on contributions. The money grows tax-free, and you can use it to buy a house without needing to refund the account; unlike the RRSP’s Home Buyers’ Plan.
Whether you’re a first-time home buyer or a seasoned real estate investor, understanding the intricacies of mortgages is a game-changer in your financial journey. With many potential pitfalls, confusing jargon, and seemingly endless options, proper guidance throughout the mortgage process is invaluable.
Every year more complexity is added to the Canadian tax system, making it difficult for taxpayers to keep up to date. Understanding how to properly file your tax return and take advantage of deductions and credits can put more money back in your pocket.
The Tax-Free First Home Savings Account (FHSA) is coming, giving first-time homebuyers the ability to save $40,000 towards the purchase of a home. What is the FHSA and what should you consider?
What are the factors affecting Canada’s housing crisis? How do we start to tackle this housing crisis issue? Public policy professional, Steve Lafleur, joins us to discuss these questions.
Today we’re joined by Christina Miller to help us navigate the city real estate market, from condo towers to duplexes, single-family homes.
Who are the main types of people looking to downsize their homes and what are the key motivators for downsizing?
Today we discuss why people upsize their homes and the unprecedented state of the Canadian real estate market – and so much more!
From record low interest rate levels to the success of speculators, we explore what these surprises in 2020 mean for the empowered investor.
We talk about how buying behaviours have changed during the pandemic and the implications for investors during and after the pandemic.
We explore what stocks and sectors are hot, the implications of current the market, and lessons and tools we can learn from the past two decades
On this episode, we talk about the most important aspects of financial planning for retirees to best set yourself up for success.