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News & Blogs

July 12, 2024
Understanding the welcome tax for new homeowners

New homeowners often face an unexpected financial obligation shortly after purchasing a home, known as the "welcome tax". This real estate transfer tax, issued by municipalities, can represent a substantial amount, requiring prompt payment, usually within 30 days of receipt. What is the welcome tax? The welcome tax, officially known as the real estate transfer […]

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June 28, 2024
Capital gains tax changes take effect Tuesday July 2, 2024

New homeowners often face an unexpected financial obligation shortly after purchasing a home, known as the "welcome tax". This real estate transfer tax, issued by municipalities, can represent a substantial amount, requiring prompt payment, usually within 30 days of receipt. What is the welcome tax? The welcome tax, officially known as the real estate transfer […]

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June 14, 2024
Tips for Lowering Your Electricity Bill

New homeowners often face an unexpected financial obligation shortly after purchasing a home, known as the "welcome tax". This real estate transfer tax, issued by municipalities, can represent a substantial amount, requiring prompt payment, usually within 30 days of receipt. What is the welcome tax? The welcome tax, officially known as the real estate transfer […]

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June 14, 2024
Bank of Canada Cuts Interest Rate to 4.75%

New homeowners often face an unexpected financial obligation shortly after purchasing a home, known as the "welcome tax". This real estate transfer tax, issued by municipalities, can represent a substantial amount, requiring prompt payment, usually within 30 days of receipt. What is the welcome tax? The welcome tax, officially known as the real estate transfer […]

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May 31, 2024
Montreal Rent Increase Forecasts: 27% Growth Expected Within Three Years

New homeowners often face an unexpected financial obligation shortly after purchasing a home, known as the "welcome tax". This real estate transfer tax, issued by municipalities, can represent a substantial amount, requiring prompt payment, usually within 30 days of receipt. What is the welcome tax? The welcome tax, officially known as the real estate transfer […]

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May 31, 2024
Embrace a Simpler and More Enjoyable Retirement with Downsizing

New homeowners often face an unexpected financial obligation shortly after purchasing a home, known as the "welcome tax". This real estate transfer tax, issued by municipalities, can represent a substantial amount, requiring prompt payment, usually within 30 days of receipt. What is the welcome tax? The welcome tax, officially known as the real estate transfer […]

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May 31, 2024
Are you planning construction or renovation work?

New homeowners often face an unexpected financial obligation shortly after purchasing a home, known as the "welcome tax". This real estate transfer tax, issued by municipalities, can represent a substantial amount, requiring prompt payment, usually within 30 days of receipt. What is the welcome tax? The welcome tax, officially known as the real estate transfer […]

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May 17, 2024
Investing your RRSPs in an income property

New homeowners often face an unexpected financial obligation shortly after purchasing a home, known as the "welcome tax". This real estate transfer tax, issued by municipalities, can represent a substantial amount, requiring prompt payment, usually within 30 days of receipt. What is the welcome tax? The welcome tax, officially known as the real estate transfer […]

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May 17, 2024
Get Ready for a Smooth Move!

New homeowners often face an unexpected financial obligation shortly after purchasing a home, known as the "welcome tax". This real estate transfer tax, issued by municipalities, can represent a substantial amount, requiring prompt payment, usually within 30 days of receipt. What is the welcome tax? The welcome tax, officially known as the real estate transfer […]

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May 3, 2024
Transforming a Home with the Buy-to-Renovate Mortgage: A 5-Step Guide

New homeowners often face an unexpected financial obligation shortly after purchasing a home, known as the "welcome tax". This real estate transfer tax, issued by municipalities, can represent a substantial amount, requiring prompt payment, usually within 30 days of receipt. What is the welcome tax? The welcome tax, officially known as the real estate transfer […]

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