PROS Value appreciation: One of the benefits of owning property is when it appreciates in value, you don’t pay taxes. Once it gets sold, it is advantageous to transfer the gains to another investment property to reduce the cost of buying and selling. Cash Flow: Through owning property, you gain a cash flow through rent [...]
With pre-construction homes for sale it can be an exciting process; from picking and choosing specific designs to suit your style, to getting to know your neighbors. There will be ups and downs to building your new home, but to make your transition as smooth as possible here are a few things you need to [...]
Over the last 30 years, Vancouver has attracted investors from far and wide because of its high returns in the housing market, no capital gains tax on primary residence, low property tax, and lack of regulation. With its scenic backdrop of mountains and glass skyscrapers, the city has proven to be Canada’s most bejeweled resource [...]
From the early 1970s to the present time, the housing market in Vancouver has substantially grown to the point where locals cannot afford to live there anymore. There are a number of contributing factors that have created this outcome such as government policies, immigration, the economy, and slow growth of minimum wage to name a [...]
The affordability housing crisis has been the focal point of homeowners in Vancouver over the last three decades. It is apparent that there has been a growing division between those who can accumulate wealth and those who are unable to build equity within the housing market. We will begin at the crux of the issue: [...]
The housing affordability crisis has stemmed from decades of governmental neglect to acknowledge the increasing disparity between social classes; A gap that has been growing exponentially since the introduction of foreign investors. When wealthy investors entered the market back in the early 1980s, it enabled the economy to grow as capital from outside of Canada [...]
There are three new measures on post-graduation work permit eligibility for students who are beginning their programs online: Students can now study abroad until April 30th, 2021, with no time deducted from their post-graduation work permit given that 50% of their program is completed in Canada. Students who are in a 8-12 month program with [...]
To make immigrating to Canada easier, the Ministry of the IRCC announced an investment of $100 million over the next 3 years through the service delivery improvements (SDI) process. The SDI was launched the SDI 2020 funding process back in 2020 and since then has selected 78 projects. The projects will aid and support newcomers [...]
Immigration, Refugees, and Citizenship Canada has created a user-friendly online citizenship application portal. If an application has already been applied on paper there is no need to reapply online. As of August 11th, 2021 the site welcomes all applicants 18 years of age and over who are applying individually: do not have a representative are [...]
The Honourable Marco E. L. Mendicino, Minister of Immigration, Refugees and Citizenship, announced that the College of Immigration and Citizenship Consultants will officially open on November 23, 2021. Over the years there have been an increasing number of frauds by those who exploit the system and take advantage of immigrants wishing to solidify their position [...]
