With tax time coming up shortly here in Canada, I thought I would revisit a topic: when do you have to pay HST on a house? The short answer: always, unless there is an exemption. One major exemption is for resale homes; as long as it has been used for residential purposes, there is generally… Continue reading Tax time
Month: March 2013
Bank Early Renewal Notices
If you’ve had a mortgage for more than one term, you’ve more-than-likely received a renewal notice from your bank or current lender. Obviously, the lender that currently has your mortgage (assuming you’ve made all the payments on time, etc.) wants to keep your mortgage. They’d love nothing more than to sign you up for another… Continue reading Bank Early Renewal Notices