by sasha@traceyrobinson.ca | Jun 4, 2025 | Uncategorized
As expected, the Bank of Canada held its benchmark interest rate unchanged at 2.75% at today’s meeting, the second consecutive rate hold since the Bank cut overnight rates seven times in the past year. The governing council noted that the unpredictability of the...
by Tracey Robinson | May 28, 2025 | Uncategorized
AWAITING PARLIAMENTARY APPROVAL: New GST Relief for First-Time Homebuyers: What You Need to Know On May 27, 2025, the Canadian government unveiled a significant update to its housing affordability strategy: the First-Time Home Buyers’ GST Rebate. This initiative aims...
by Tracey Robinson | May 28, 2025 | Uncategorized
Understanding Your Annual Property Taxes in BC As a homeowner in British Columbia, you’ll receive your annual property tax notice from your municipality each spring. But whether you pay those taxes yourself or your lender does it for you depends on how your mortgage...
by Tracey Robinson | May 24, 2025 | Uncategorized
New Rules, More Options: How a 30-Year Amortization is Helping First-Time Home Buyers Buying your first home is an exciting milestone — but in today’s market, it can also feel financially out of reach. Luckily, new changes introduced in December 2024 are giving...
by sasha@traceyrobinson.ca | May 20, 2025 | Uncategorized
The headline inflation report for April showed a marked slowdown in the Consumer Price Index (CPI), which rose a mere 1.7% year over year (y/y), down sharply from the 2.3% rise in March. The slowdown in April was driven by lower energy prices, which...
by sasha@traceyrobinson.ca | Mar 31, 2025 | Uncategorized
The Consumer Price Index (CPI) rose 2.6% year-over-year (y/y) in February, following an increase of 1.9% in January. With the federal tax break ending on February 15, the GST and HST were reapplied to eligible products. This put upward pressure on consumer prices for...
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