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Month: June 2016

Canada Inheritance Tax and What it Means for Your Inherited Assets

The first question everybody asks is, do you pay tax on inherited property? The answer is, not exactly. Canada Revenue Agency will consider any money the deceased had previously owned as part of their estate, and deduct a tax from the overall estate value. This usually means that there is no additional taxation on any …

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Upswing for Home Prices & Sales in May 2016: Toronto Real Estate Board

  The GTA and Toronto real estate market is continuing its upward trend, according the Toronto Real Estate Board’s Market Watch for May 2016. Both total number of home sales and prices are up across the board. The big news – 15% overall increase in home prices The MLS® Home Price Index Composite Benchmark was …

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