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Wednesday , 29 March 2017

Monthly Archives: July 2016

Your chance to be on TV and get a professional home reno for less

Here’s something you don’t hear every day: you could be on television. If you are a homeowner in the GTA with a renovation project you are desperate to do, you could be the person HGTV (Home and Garden Television) is looking for to appear in one of two new shows. The Corus Entertainment specialty channel has created the two shows for next spring’s season and is currently casting and filming them around the GTA. One is called Save My Reno, the other Backyard Builds. Save My Reno sounds like a great idea. HGTV calls it an “upbeat” new series, hosted by former CFL player and builder on another HGTV show, ... Read More »

Instead of market slowdown, realtor now forecasts biggest price gains since 1980s

Those who forecast must be prepared to revise. This is particularly true in residential real estate, in Canada, in 2016. No sooner has some informed observer predicted that home sales/prices will bottom out and the market will “correct” itself by slowing down than we take off on another rocket to higher sales and prices than ever before. So it’s nothing unusual for real estate giant Royal LePage to issue a report today saying that while its forecasting models had called for a slowing of the housing market in the second half of this year, it isn’t going to happen. Actually, far from slowing, the market is on track to set ... Read More »

Robotic furniture makes it easy to reconfigure small apartments

We’ve seen the very cool concept demonstrated before, the clever use of shape-shifting furniture, movable walls and multi-functional spaces. Treehugger founder Graham Hill, for example, showed off his prototype micro-apartment (420 square feet) in New York City a few years ago, with its many very smart design features that make it possible to live in the small apartment as if one were in a much bigger space. A table appears out of nowhere, it seems, and stretches out to seat twelve for dinner. The bed folds into the wall. The wall moves to create an office. And so on. The trouble is, it cost him a small fortune to build ... Read More »

Canada, Toronto, tops for tax competitiveness; tax avoidance, on the other hand . . .

The Canadian branch of one of the world’s “big four” accounting firms has produced a report in which Canada is named the world’s most tax-competitive country for business. Toronto is named the world’s most tax-competitive city. KPMG’s Focus on Tax report says that Canada’s low corporate tax rates, moderate statutory labour costs, and low goods and services taxes (GST, HST, sales tax) account for the country’s top ranking. The UK and the Netherlands are ranked second and third for tax competitiveness, while the US is seventh. The report uses a Total Tax Index (TTI), a measure of total taxes paid by companies in a given location expressed as a percentage ... Read More »

Toronto Real Estate Board to appeal Competition Tribunal ruling on privacy grounds

The Toronto Real Estate Board refuses to give up. As the deadline approaches for the country’s largest real estate board to implement changes ordered by the federal Competition Bureau after a lengthy process going back to 2011, TREB announced today that it would appeal the ruling of the Competition Tribunal, handed down in April of this year. The core issue in the dispute is the amount of information realtors may make public when listing clients’ homes for sale. TREB does not allow members to publish certain details of the selling history of a home, though the information can be accessed by other means. The Competition Tribunal ruling would allow TREB ... Read More »

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