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Everything you need to know about qualifying for CERB effective April6

There are newly added provisions for part-time and seasonal workers effective today, so be sure to check CRA’s FAQ list for the latest updates and apply online or by phone. https://www.advotaxlaw.ca/post/non-eligible-dividend-recipients-can-qualify-for-cerb +1...

A Guide to At-Home Learning for Kids During COVID-19

The current COVID-19 situation continues to change by the hour many days, but as it unfolds further, it is becoming increasingly clear that kids will remain out of school for longer than we initially thought and hoped. For parents, we can understand the last few weeks...

A Summary of Federal Party Promises Which May Affect You

Through the term of the current government, and in the months leading up to this month's federal election, Mortgage Professionals Canada has been working diligently on behalf of its members to advance our three top recommendations to federal policymakers: A reduction...

First-Time Home Buyer Incentive

The First-Time Home Buyer Incentive helps qualified first-time homebuyers reduce their monthly mortgage payments without adding to their financial burdens. The First-Time Home Buyer Incentive is a shared-equity mortgage with the Government of Canada. It offers: 5% or...

Home sales rise again in May 2019

Home sales recorded via Canadian MLS® Systems rose by 1.9% in May 2019. Together with monthly gains in March and April, activity in May reached the highest level since January 2018. While sales stood 8.9% above the six-year low reached in February 2019, this latest...

Bank of Canada keeps rate target at 1 ¾ %

The Bank of Canada kept its target for the rate at 1 ¾ per cent. The Bank Rate is 2 per cent and the deposit rate is 1 ½ per cent. Canadian economic data are in line with the projections in the Bank’s April Monetary Policy Report, with gathered evidence that the...

Canadian home sales increase in March 2019

Home sales went up 0.9% in March 2019 following a fall in February, leaving activity near some of the lowest levels recorded in the last six years. There was an even split between the number of markets where sales rose from the previous month and those where they...

Find a mortgage that works best for you

Is your current mortgage up for renewal? Are you looking for additional funds? Or maybe buying the home of your dreams? Get a mortgage that not only meets your unique requirements, but also helps you get ahead by being more “debt effective”.