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Saturday , 25 March 2017

Category Archives: Urban Living

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Features on the downtown scene, events and urban living.

Personal Real Estate Corporations one step closer to reality in Ontario

Ontario realtors are optimistic that a change to the province’s Real Estate Business Brokers Act (REBBA), 2002 will finally allow them to enjoy certain tax benefits already available to other professionals such as chartered accountants, lawyers and doctors. The Tax Fairness for Realtors Act, 2017, has passed second reading at Queen’s Park and now goes to final debate and a final vote. It seems likely to pass, given that it has the support of the Liberals, who introduced it, and the NDP, who co-sponsored it. The Ontario Real Estate Association (OREA) has lobbied for the changes. At issue is whether individual realtors can form personal real estate corporations (PRECs) in ... Read More »

Bothered by an ad you saw or heard? Here’s how to complain

Considering how much advertising is out there, and considering how much people tend to hate it, we were surprised to learn that the number of complaints about advertising lodged by consumers in Canada is relatively small. In 2016, just 1,639 complaints were submitted, concerning 1,237 advertisements, most of them about ads for retail, and most alleging inaccurate or misleading content of some kind. Very few of the complaints were upheld by Advertising Standards Canada (ASC), following the Canadian Code of Advertising Standards. ASC says in a release about this that the number of complaints has been growing, the result of consumer vigilance. Consumers, the standards group says, often spot and ... Read More »

Method in the madness: law-breaking cyclists, motorists believe they are being rational

Let’s start by admitting that we all do it. Break the law, that is, when using the roads. Whether we are walking, driving a car, riding a bicycle or using some other form of transportation on land or water, 100 per cent of people admit to jaywalking, running a stop sign, speeding, or doing something else they shouldn’t have done. Most of the time, thankfully, our illegal acts do not have serious consequences. Often they go undetected. But one group, namely urban cyclists, gets a lot of bad press, mostly from angry motorists, and the feeling is certainly mutual. A new study sheds some much needed light on the situation ... Read More »

O happy Canada! Not just money, but freedom, generosity, trust make countries happy: report

Does this surprise you? The Chinese are no happier today than they were twenty-five years ago, despite being five times richer, with millions more people owning personal computers and cars, as well as the usual accoutrements of affluence—colour television, air conditioning, washing machines, refrigerators. We would have taken it for granted that all of that economic improvement would have translated into greater happiness for the people, but evidently that is not the case. As for the United States, the world’s greatest economic power is in the midst of a social crisis, and its happiness level is actually falling. And once again, this is so despite a rise in GDP and ... Read More »

Women make better investors, now they need to develop confidence

Here’s a slogan a lot of women might feel they can embrace: “Invest like a woman, because money is power.” In the days leading to and following International Women’s Day on Wednesday, there have been numerous stories about how women are different from men when they invest. All of them come to one common conclusion: women tend to be better at investing than men, though women confess that they are made nervous by stock market volatility and that they lack men’s bravado, much of which is fueled, it turns out, by higher levels of testosterone and cortisol in their blood. One academic study goes so far as to attribute women’s ... Read More »

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