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Uncategorized Changes to Capital Gains Calculations The incoming Federal budget seeks to increase Capital Gains but Kenora area home owners likely have little to worry about. The increase only applies for years in which you realize over $250,000 in Gains in a year. Link: https://globalnews.ca/news/10427688/capital-gains-tax-changes-budget-2024/,
Bank of Canada keeps the key interest rate steady link:BoC maintains rate Wednesday, April 10, 2024: Today the Bank of Canada chose not to raise or lower its key interest rate. There were hints that a rate lowering could happen as early as June this year though.
Spring Market conditions may affect the BoC next rate announcement Link: Spring market may affect the BoC rate announcement Fears that the spring housing market could “overheat” will be in the background as the Bank of Canada readies for its interest rate decision on Wednesday, experts say. The spring housing market, which kicks off in March, is typically one of the busiest times of the […]
New Realtor Regulations In 2002 the Ontario government implemented the Real Estate & Business Brokers Act (REBBA 2002)which regulated how Real Estate agents and Brokerages conduct business. A lot has changed in 20+ years though and on December 01, 2023, a new act, the Trust in Real Estate Services Act (TRESA), will be in effect. Along with tightened […]
Uncategorized Changing “Blind Bidding” Starting on December 1st, 2023 a new Provincial Act will replace the one presently governing Real Estate agents and Brokerages. In the past one item spoken of a lot is the so called “Blind Bidding” offer presentation used in Buying Real Estate in Ontario. There has been a lot of talk about moving towards “Open […]
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CENTURY 21 Northern Choice Realty Ltd. Brokerage

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CENTURY 21 Northern Choice Realty Ltd. Brokerage

213 Main Street South, Kenora, ON P9N1T3

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