There were three major announcements in the Conservative minority government’s 2009 budget proposal: First, as promoted by the Canadian real Estate Association (CREA) the budget is raising the amount that first-time home buyers can withdraw from an RRSP to $25,000 from the previous $20,000. Second, for first-time home buyers there will be a new non-refundable [...]
Tell Jim Flaherty where to go
Tuesday, December 16th, 2008The Feds are looking for some input from you regarding the 2009 Federal Budget. You can click this link to get to their online survey. The Real Estate Board of Greater Vancouver has some ideas for you if you are stuck on what to say and they come from two initiatives that CREA (the Canadian [...]
Property Tax Assessment Update
Friday, December 12th, 2008Previously it was reported that Gordon Campbell had a plan to freeze tax assessment property values at their July 1st, 2007 value. That would be the value you were given on your last tax assessment. Well, looks like they’ve had a change of plan and are now going to give you the option of the [...]
Gordon Campbell has a Plan
Sunday, November 2nd, 2008The Provincial race is unofficially launched as Premier Gordon Campbell has come out with a four point plan that if it could be summed up in a single word then I’d call it unorthodox. First he is messing with the rules of the RRSP allowing those over 71 years old to keep them going and [...]
The New Budget and You
Wednesday, February 20th, 2008Definitely a couple of very noteworthy points for we BC residents. Some very good news, some not so good. Let’s get the “somewhere in between” news out of the way. The big news, the green one (Haha, Finance Minister Carole Taylor was all decked out in green including her John Fluevog shoes – Photo Credit [...]
First Time Home Buyer’s Brochure
Thursday, January 24th, 2008The BC Ministry of Small Business and Revenue has produced a small brochure which aims to educate the first time buyer with respect to taxes collected or exempted. You can download it here or read the following which is taken from it. Some very important points to consider, and that likely many are ignoring, relate [...]
Vancouver, BC 