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More fallout from COVID-19 – Mortgage Fraud

More fallout from COVID-19 – Mortgage Fraud

The current health crisis is revealing another level of evil, Mortgage Fraud. The COVID-19 pandemic, it seems has opened up a gateway allowing opportunists to benefit from the current situation. Many property owners are finding it difficult to make their mortgage...

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The New Normal. CRA is back with a vengeance!

The New Normal. CRA is back with a vengeance!

The following information comes courtesy of Dan White, President, Tax Audit Solutions. This company has decades of experience in all areas of tax problems. They are Tax Representatives. Solving Tax Problems is their main focus. If you are in trouble trying to resolve...

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The Housing Market – again – You be the judge!

The Housing Market – again – You be the judge!

As I mentioned in my last newsletter issue, it is quite a task to separate fact from fantasy. Again, I have two perspectives to offer, both from qualified and credible sources: 1. The Upside "Job losses not likely to impact housing activity" In a recent article in...

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The sad state of Long Term Care Facilities

The sad state of Long Term Care Facilities

Canada’s nursing home crisis: The Majority (more than 80 percent) of Covid-19 deaths are in long-term care facilities. Almost one in ten nursing homes across the country reports Covid-19 cases Although the pandemic shows encouraging signs that the spread is slowing...

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Times are tough: Survival Financing or Bankruptcy?

Times are tough: Survival Financing or Bankruptcy?

The following information comes courtesy of Dan White, President, Tax Audit Solutions. This company has decades of experience in all areas of tax problems. They are Tax Representatives. Solving Tax Problems is their main focus. If you are in trouble trying to resolve...

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A (Hard!) Lesson Learned!

A (Hard!) Lesson Learned!

An Ontario Court of Appeal delivered an expensive lesson to a GTA homebuyer who made an unconditional offer that was later retracted. Back in 2017, 'Sammy'  had made an unconditional offer on an East GTA, Ontario, home for $1,871,000. Following the introduction of the...

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CMHC’s FTHB Incentive Off to a Slow Start

CMHC’s FTHB Incentive Off to a Slow Start

As reported recently by Canadian Mortgage Trends, the voice of Canadian Mortgage Professionals, CMHC’s First-Time Home Buyer Incentive (FTHBI) is off to a slow start. The initiative had been widely criticized at its inception as nothing more than a cynical election...

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