Category: Uncategorized
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New report finds Ontarians paying more in taxes under Ford government
A report from the Fraser Institute reveals that the provincial tax burden per Ontario resident, adjusted for inflation, is now higher than during the previous Liberal government. Tax revenue has steadily increased, rising from 12.1% of GDP in 2017/18 to a projected 13.4% in 2025. The per-person tax burden increased from $8,736 to $9,307, with…
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Summer Sales: A Win-Win for All | Get Your Mortgage for a LilLez!
Late spring and early summer offer the best opportunities for sellers to maximize home sale prices. Buyer demand peaks before summer vacations and the school year, creating more competition for homes.
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Tax Changes Slow Luxury Home Sales | Get Your Mortgage for a LilLez!
High-end sales remain steady, but buyers hesitate due to uncertainty and new tax policies. Foreign buyers’ ban limits demand, pushing wealthy investors toward U.S. cities like New York and Chicago.
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Strategies for a Stable and Resilient Financial Future | Get Your Mortgage for a LilLez!
Financial experts help people navigate economic uncertainty through strategic planning and informed decision-making.Proper cash flow management, including separate accounts for expenses, is essential for business stability.
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Ontario government should finally reduce tax burden in upcoming budget
Since Premier Doug Ford took office in 2018, expectations for tax reductions in Ontario have not materialized. Instead, the provincial tax burden has increased, with tax revenue rising from 12.1% of GDP in 2017/18 to a projected 13.4% in 2024/25. Ford has not fulfilled promises to lower personal and business income tax rates. A recent…
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How to Save for Your Down Payment | Get Your Mortgage for a LilLez!
Set clear goals to define your ideal home, location, and budget, guiding your savings plan. Create a realistic budget, tracking income and expenses to allocate funds for your down payment.
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Happy Easter | Get Your Mortgage for a LilLez!
Easter is a Christian holiday that celebrates the belief in the resurrection of Jesus Christ.However, according to many theologians, Easter originally began before the arrival of Christianity.It is believed that Easter is named after the Anglo-Saxon goddess of the dawn and spring, known as Eostre.Examples of Easter traditions include Easter eggs and related games such…
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Angustia severa: Morosidad hipotecaria en Ontario un 50% más alta que antes de la pandemia
Las morosidades hipotecarias en Ontario aumentaron significativamente en el cuarto trimestre de 2024, con más de 11,000 hipotecas sin pagos, casi tres veces el número de 2022. La deuda total de los consumidores en Canadá alcanzó los $2.56 billones, afectando especialmente a los jóvenes y personas de bajos ingresos. Aunque algunos canadienses se beneficiaron de…
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First Advisor Meeting: Essential Preparation Steps | Get Your Mortgage for a LilLez!
Define your financial goals by considering short-, medium-, and long-term priorities like saving, investing, or major purchases.Gather essential financial documents, including investment statements, insurance policies, mortgage details, and debt information for a clear financial picture.
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Buying First Home: Key Money Moves | Get Your Mortgage for a LilLez!
Focus on financial readiness, not timing, to become a homeowner in 2025 despite market concerns. Pay off debt and improve your credit score to qualify for better mortgage rates and options.