Industry Update

Industry Update “Pay to Say”: The Controversial New Rule Blocking Tenants From Court (Unless They Pay Up) Bill 60 Deep Dive: The Ultimate Guide for Ontario Landlords, Tenants, Buyers, and Sellers   Bill 60, formally known as the Fighting Delays, Building Faster Act, 2025, has officially shaken up the landscape of rental housing in Ontario. Whether you are a seasoned investor, a first-time renter, or someone looking to buy or sell a […]
Industry Update Canada’s GST Elimination for First-Time Homebuyers: A Comprehensive Analysis   Main Topics Subtopics Introduction – Overview of Canada’s housing crisis – Government’s response to the crisis Understanding the GST Elimination – Definition of GST – Details of the GST elimination policy Advantages for First-Time Homebuyers – Financial savings – Increased affordability – Encouragement of homeownership Impact on Builders – Reduction in construction costs – […]
Industry Update Navigating the Fall Market: Opportunities for Homebuyers in Ontario As autumn approaches, Ontario’s real estate market presents promising opportunities for prospective homebuyers. Recent trends indicate a favorable shift, with property prices having softened slightly compared to last year and overnight interest rates seeing a decrease to 4.25%. Furthermore, experts suggest that rates might continue to decline throughout the rest of the year. Why Now […]
Industry Update Changes To The Canadian Capital Gains Tax This summary is for informational purposes only and should not be considered tax or legal advice. Always consult a qualified professional before making financial decisions based on this information. Key Federal Budget Capital Gains Measures Change: Effective June 25, 2024, the capital gains inclusion rate will increase from 50% to 66.67% for trusts and corporations. […]
Industry Update Bill 97, Helping Homebuyers, Protecting Tenants Act (“HHPA”), 2022 Today, the Government of Ontario introduced new housing legislation – Bill 97, Helping Homebuyers, Protecting Tenants Act (“HHPA”), 2022. The HHPA is the latest in a series of steps the Province is taking to increase the housing supply and help more Ontarians find a home they can afford. Since 2015, TRREB has been a leading voice […]
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