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Lisbeth Herrera's Blog

News, information and tips related to the real estate market in Ontario
How to Deal with a Capital Gain Tax in a Cottage

How to Deal with a Capital Gain Tax in a Cottage

Given the potential for appreciation of a cottage, it is imperative to protect yourself from taxes on capital gains. According to John Natale, chief of tax, retirement and estate planning services at Manulife, a cottage could be taxed for its assessment in the event...

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The Cost of Living in Canada Increases Again

The Cost of Living in Canada Increases Again

Canadian inflation data published this month reveal that the cost of living is rising; but that should give the Bank of Canada another reason to keep interest rates at their current level. Data from Statistics Canada show a 2.4% increase for the Consumer Price Index...

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