Everything about the “Trustee”
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Everything about the “Trustee”

“Trustee” “Who is a Trustee?” A trustee is someone who is tasked with managing and safeguarding specific assets or property. A trust can be considered a type of arrangement for a special purpose, which typically includes real estate, financial assets, and other possessions. In simple terms, a trustee assumes the following key roles: Asset Management:…

Important information for resolving landlord-tenant conflicts
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Important information for resolving landlord-tenant conflicts

Important information for resolving landlord-tenant conflicts Tenancy agreementsWhen a landlord rents to a tenant, they enter into a contract, a ‘tenancy agreement’. This is the agreement under which the tenant pays rent to live in the rental unit. This agreement can be verbal or implied, and a standard lease agreement should be used for most…

How do I resolve conflicts between tenants and landlords?
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How do I resolve conflicts between tenants and landlords?

How do I resolve conflicts between tenants and landlords? These days, rising mortgage rates have led to unstable relationships between tenants and landlords. More and more people are wondering how to resolve these conflicts when they arise. For example, we get a lot of questions about how tenants can be evicted or how landlords can…

Canada Extends Ban on Foreign Home Buyers to 2027
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Canada Extends Ban on Foreign Home Buyers to 2027

Canada Extends Ban on Foreign Home Buyers to 2027 The Canadian government has announced an extension of the existing ban on foreign individuals purchasing homes in Canada for an additional two years. The Prohibition on the Purchase of Residential Property by Non-Canadians Act, which initially took effect in 2023 to address concerns about non – residents driving up…

Things that Canadians Need to Know about Tax Changes in 2024
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Things that Canadians Need to Know about Tax Changes in 2024

Things that Canadians Need to Know about Tax Changes in 2024 Let’s find out what the biggest tax changes are in Canada for 2024 and how they affect you.This will be a major update that will affect your finances. 1. Marginal TaxCanada’s tax system is a progressive model, meaning that as income increases, tax liability…

Mortgage Discharge
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Mortgage Discharge

Mortgage Discharge Mortgage Discharge We’ve all been through the process of buying or selling a home in Canada, obtaining a mortgage, paying off a mortgage, and sometimes even taking out a second or third mortgage when you’re trying to refinance your home. During this process, you may have come across the terms “charge” or “discharge.”…