First-time Home Buyers’ GST/HST rebate The details provided on this rebate are based on proposed legislation, which are currently subject to parliamentary approval and may change. For more information, see Bill C-4 Continue Reading

In a continued effort to make the property buying and selling process more transparent, REALTOR.ca is committed to showing even more real-time information in select real estate markets across Canada. We believe in transparency, to help make your home buying journey…

You may be wondering whether you can claim a credit for mortgage payments—or at least the interest paid on mortgages—on your income tax return. But the Canada Revenue Agency (CRA) looks at your mortgage as a personal expense that does not…

On Wednesday, June 4, 2025, the Bank of Canada held its target for the overnight lending rate at 2.75%, marking the second consecutive decision to hold rates steady, following a series of cuts that began in April 2024. The Bank emphasized…

After briefly dipping below 4%, most five-year fixed mortgage rates at Canada’s major banks are back above the 4% mark, and could stay elevated for the foreseeable future, experts say. Just two months ago, rates had fallen sharply following a plunge in bond…

Owning rental property provides not only income but also deductions you can claim at tax time. This includes rental expenses, such as homeowner’s insurance, property taxes, maintenance fees, mortgage interest, utility costs, advertising, and property management fees. You also may qualify…

Buying your first home is expensive. That’s especially true these days, given the recent rise in interest rates and home prices. If you’re feeling stressed by all the expenses that come with purchasing a home, there may be some relief. The…

Maybe you own a rental property as an investment, or you rent out your basement suite to help with the mortgage. Either way, you want your rental property to be as profitable as possible, right? One mistake many landlords make is…