To first time buyers, closing costs are always sort of a mystery: They have a slight idea of what it is, but don’t know what’s specifically involved or how much it will cost. Many people think it is just the notary fee and that’s all. Sorry folks, that’s not just it. In addition to the mortgage down-payment, you (the buyer) will need to put aside some money for the costs related a … [Read more...]
A New Energy Tax Targets Home Sellers in Ontario
May 18, 2009 By 1 Comment
In Ontario: a new tax is being implemented to home sellers. As if they didn't have enough taxes to pay already. Let's just hope this new bill doesn't reach us in Quebec anytime soon. Here is the complete article from the Canadian newswire: The McGuinty government today gave third and final reading to Bill 150, the Green Energy Act, which, when implemented, will impose significant new costs on … [Read more...]
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