“New Mortgage Rules Simplify Adding Secondary Suites”
Mortgage Insurance Rule Changes Make Adding Secondary Suites Easier for HomeownersThe Government of Canada has introduced significant changes to mortgage insurance rules, which take effect starting today. These updates mark a important step towards addressing housing affordability and expanding rental options nationwide. With these adjustments, homeowners now have greater opportunities to unlock their property’s potential […]
Canadian Economy Update
Canadian Economy Update The Canadian economy is currently navigating a complex landscape marked by both growth and emerging challenges. With diverse sectors experiencing varying levels of performance, the overall outlook for the nation remains uncertain. Here’s an in-depth analysis of the latest developments and their implications for Canada’s economic future. Economic Growth and Contraction October […]
Understanding Dividends and Taxation in Canada
Understanding Dividends and Taxation in Canada Dividends are payments made by corporations to their shareholders, representing a share of the company’s profits. These distributions are taxed differently than regular income in Canada. The Canadian tax system uses an integration mechanism to ensure that income earned by a corporation and subsequently paid to shareholders as dividends […]
Canadian Dental Care Plan
The Canadian Dental Care Plan(CCDP) is a federal government program to provide coverage for Canadian residents who do not have dental benefits. This program is in addition to the already run programs by any government and the benefits of those do not lapse. Benefits will be coordinated between the programs and no benefits will be […]
