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  The most a newly minted elementary teacher in the TDSB earns is $58,521. A registered nurse just starting out makes about $65,000, almost the same as a rookie Toronto firefighter. Dental hygienists earn a bit more than that, as do TTC bus drivers with two years’ experience; respiratory therapists earn a bit less. These jobs could not be more different, yet they all belong to the sam...Read More

2020 Assessment Update The Ontario government has announced that the 2020 Assessment Update has been postponed. They have indicated that property assessments for the 2021 property tax year will continue to be based on the fully phased-in January 1, 2016 current values. This means your property assessment for the 2021 property tax year will be the same as the 2020 tax year, unless there ha...Read More

TRREB Action on Suspended Toronto City Services Relevant to Real Estate Transactions     TRREB has communicated with Mayor Tory and the Toronto City Manager regarding important City Services that have been impacted by the City’s suspension and adjustment of City services, specifically the City’s Planning and Building Departments. ...Read More

Canadian Real Estate Prices Are Climbing At The Fastest Pace In Almost 2 Years FEBRUARY 18, 2020 Canadian real estate prices are seeing accelerated growth across the country. Canadian Real Estate Association (CREA) data shows the price of a typical home increased in January. The increase marks the 9th consecutive month of price acceleration for the national index. Prices are now grow...Read More

INDIVIDUALS   Check your Federal Tax Bracket to see if you are close to a lower level, worth finding deductions to bring down your income.  Federal tax rates for 2019 15% on the first $47,630 of taxable income, plus 20.5% on the next $47,629 of taxable income (on the portion of taxable income over 47,630 up to $95,259), plus  26% on the next $52,408 of taxable income (on the ...Read More

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After years of doing mostly nothing, Canadian regulators are springing into action. The Office of the Superintendent of Financial Institutions (OSFI), after successfully rolling out B-20 Guidelines, are turning their focus to equity lending. Mortgages issued this way allow lenders to gloss over income, and rely mostly on equity in the home. 1 in 5 loans during the 2017 Spring buying seas...Read More

It’s now in a class of cities with booming tech industries and rapidly rising house prices, a new forecast says. Daniel Tencer   Katrin Ray Shumakov via Getty Images A tilt-shift image of central Toronto.  A new forecast says the city’s real estate market will return to rapid growth, thanks to a boom in tech jobs. Toronto’s housing market has seen a marked slowdo...Read More

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