page contents
Sunday , 26 March 2017

Monthly Archives: May 2014

Making the best use of your tax refund

With all the talk from the government and the Bank of Canada about the dangers of high consumer debt, you might think that most people who had some extra money on hand would use it to pay down their personal debt. It turns out that isn’t entirely true. A new CIBC poll finds that just over one-fifth of Canadians plan to use their coming tax refunds to pay down debt. About the same number (21 per cent) say they don’t know what to do with the money, while 10 per cent plan to invest it. A small group (3 per cent) intend to put it toward their mortgages. The other ... Read More »

Tour the sumptuous amenities of Blythwood at Huntington

Blythwood at Huntington is a rarity in Toronto, a blend of urban sophistication and luxury situated in a park-like setting that’s all natural. The new condo community from Tridel and Concert sits in one of the city’s loveliest, leafiest neighbourhoods, Lawrence Park, overlooking the Sherwood Park Ravine near Eglinton and Bayview. The country club setting and classically inspired architecture give Blythwood at Huntington a unique “away from it all” atmosphere, though it’s located just minutes from one of Toronto’s most bustling neighbourhoods at Yonge and Eglinton. A short drive down Bayview Avenue is the heart of the city. A lovely neighbourhood and grand building are just the beginning, however. Tridel, ... Read More »

Toronto, where quality of life is tops: traffic, airport access not so much

If you haven’t noticed, Toronto has a traffic problem. It’s a very good city to do business. Measured by business variables like corporate tax rates, rents, the ease of starting a business, and cost of living, Toronto is among the best cities in the world. It’s a pretty healthy and secure place as well: only Stockholm and Sydney score better than Toronto for quality of hospitals and health care, crime statistics and political environment. As for transportation and infrastructure, would you believe that Toronto is rated second, after Singapore? Toronto is the only North American city in the top five in this category, which includes rankings of the public transit ... Read More »

Price growth to slow in Toronto’s housing market: CMHC

The word for Toronto this year seems to be “resilient.” The city was named the world’s most resilient city by a British property company, Grosvenor Group, in April. Now Canada Mortgage Housing Corporation (CMHC), under a headline that proclaims the resilience of Toronto’s real estate market, says that housing starts are set to decline this year, stabilize, then increase slightly next year. The CMHC Spring Housing Market Outlook attributes the slightly lower number of new starts this year to fewer new home sales in 2012 and 2013. The strengthening economy is the reason we can expect to see a moderating trend in the housing sector, according to CMHC. The economy ... Read More »

Ontario housing market in slow but steady growth pattern: report

A new analysis of the Ontario economy by Central 1 Credit Union forecasts that the housing sector will see steady growth over the next three and a half years, but that growth will lag the rest of the economy. New housing sales and construction will rise, but more slowly than in the past decade, with price gains of 5 per cent this year and 3 per cent in each of the following years until 2017. The economy, the report says, is in the midst of a transition from a low-growth phase to one of medium growth. The province’s GDP is forecast to rise only 1.7 per cent this year, the ... Read More »

Scroll To Top