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How to flip with less tax

2022's waterfall in home values and dearth of liquidity may have temporarily killed the property flipping game, but it'll be back someday. And when flipping returns in ernest, CRA will be collecting more tax. As most have already heard, new anti-flipping tax rules took effect on

Pause for thought

After 11 harrowing months of rate tightening borrowers finally got the news they'd been waiting for. On January 25, the BoC announced it was indefinitely pausing rate hikes and moving to the sidelines. And make no mistake, this pause was no "transitory" moment. No sir. This

What you can learn from Wowa - Part II

This is the last installment of a 2-part series. The focus is on strategies used by Wowa, one of Canada's fastest growing mortgage sites. Regardless of what you think of rate comparison sites, if you have any mortgage, real estate or other online marketing interest, employing the following

Yields still climbing on U.S. jobs data

Fixed mortgage rates have run into serious funding cost pressure. Canada's 5-year bond yield and 4-year swap rate were both up another 13 bps Monday. That leaves us about 25+ bps higher following Friday's U.S. employment numbers, which rose by nearly triple Wall Street estimates.
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