Declining Tax Filings Raise Questions on Long-Term Residency of New Immigrants in Canada
Canada’s recent trend of declining tax filing among new immigrants is raising questions about their continued residence in the country. According to Statistics Canada, a significant portion of immigrants who arrived in 2019 ceased filing taxes shortly thereafter. This trend, while not new, appears to be accelerating, leading to speculations about the potential departure of […]
Amidst Global Economic Changes, Canada Experiences a Textbook Slowdown
As the world economy presented a mixed bag of results in 2023, Canada’s economic trajectory has been characterized by a ”textbook” slowdown, according to a recent report by TD Economics. This analysis offers a deep dive into the current state of Canada’s economy, its prospects, and the policy responses expected from the Bank of Canada. […]
Great Gulf Group Expands into Resorts and Leisure, Appoints Jay Wong as President
Great Gulf Group, a prominent player in the real estate sector, is intensifying its focus on the resorts and leisure division, marking a significant strategic shift. The Toronto-headquartered company recently appointed Jay Wong as the president of this division, a move that underscores the group’s ambition to expand its footprint in the luxury travel and […]
The Best Canadian Provinces to Call Home
Choosing the best province to live in Canada involves weighing various factors, from economic opportunities to lifestyle, climate, and more. Let’s explore Ontario, British Columbia, Quebec, and Alberta, integrating key numerical data to give a clearer picture of what each province offers. Ontario: A Melting Pot of Opportunities As Canada’s most populous province, with over […]
10 Cities in Canada: Hidden Gems That Offer More for Less
In a country grappling with a housing affordability crisis, there are still places where the dream of owning a home is within reach. From the cultural hubs nestled in the Appalachian Mountains to serene coastal towns, these 10 Canadian cities stand out for their affordability and unique charm. 1. Thetford Mines, Quebec: Once known as […]
A Guide to Understanding Real Estate Market Cycles in Canada
Understanding real estate market cycles is crucial for anyone involved in the property market, whether they’re homebuyers, investors, or real estate professionals. These cycles, which involve periods of growth, stagnation, and decline, can significantly impact property values and investment returns. In Canada, like in any other country, the real estate market doesn’t move in a […]
Cultural Hotspots: How Local Lifestyle Influences Real Estate Values
In real estate, it’s often said that location is everything. But dig a little deeper, and you’ll find that it’s not just the physical location that matters but also the cultural hotspots and local lifestyle that significantly influence real estate values. Canada, with its rich tapestry of cultures and lifestyles, offers a fascinating study in […]
The Role of Real Estate Agents: Tips for Choosing the Right Professional in Canada’s Current Market
The Canadian real estate market has been facing sluggish growth and reduced demand in the past year amid rising interest rates and anti-speculation policies. According to the Canadian Real Estate Association (CREA), the national average home price declined by 4.8% year-over-year in March 2024, falling to $670,389. The number of home sales also decreased by […]
Smart Glass Technology: Revolutionizing Energy Efficiency in Buildings
Smart glass technology is revolutionizing the way buildings are designed and constructed in Canada, offering a new level of energy efficiency that was previously unattainable. This innovative technology, also known as switchable or dynamic glass, allows the transparency of glass to be altered by applying an electrical charge, providing control over the amount of light […]
Sustainable Landscaping: Rethinking Outdoor Spaces in Canadian Properties
Sustainable landscaping is emerging as a significant trend in Canada’s real estate market. As homeowners and property developers become increasingly conscious of their environmental impact, sustainable landscaping practices are being adopted to create greener, more eco-friendly spaces. Sustainable landscaping involves the use of design and maintenance practices that work harmoniously with the local climate and […]
