Though you might think that the slowing sales and dropping prices in Calgary’s housing sector would mean it is a good idea to buy, but there are changes for home buyers to be aware of by Feb 15th, 2016. Who it will affect – People looking in the market place of 500,000 and 1,000,000, there […]
Regardless of the economy, there are some things we all need to know about saving that we can adapt to for the short and long run! There are many ways to trim your shopping budget. Here are some tips and steps. Planning – Plan ahead, know your meal plan for the week at minimum – […]
As of January 8th, 2016, RBC has increased their mortgage rates and be prepared as other banks will most likely follow. In these times, refinancing your home may be something to look into. Christine Wiley talks about this on CBC News, watch the video above to get deeper information! Why Refinance? – Taking advantage of […]
With a new government and a new year, there are some major and minor changes we all should be aware of – especially with tax season right around the corner. Major Changes (Liberal) – Income of $45,000-$90,000 will experience a drop from 22% to 20.5% (approximate tax savings of $330) – Income of more than […]
Preparation is key to your finances, so it’s better to be early to get everything all tied up before the rush of business during tax season! Medical Receipts – Although you don’t have to send them in with your tax return, the government can request them (typically months later) – If you go to the […]
During this time of year, many Calgarians are looking to give even though the economy may not be at its best shape. It’s important to know about the tax benefits that you can receive and how to make the most out of it. When is the best time to get the most out of the […]
Buying a new car can take more than a second thought with the economy as bad as it is, but what is the best way if you’re in dire need of a new vehicle? Ask Yourself: – What is my purpose of the car for? If there is a business connection, leasing would most […]
If you’ve lost your job, there’s no doubt that it was upsetting and hard to accept, but it’s important to have a clear understanding of what you’re entitled to– such as severance, notices, and what you can do with your finances. It is also important to start considering ways to help with your financial security […]
The state of Calgary’s economy has created a dip in real estate prices– which is negative for those selling, but good for those who are looking to buy homes, including those looking at the rental business. There are many differences between owning a home and purchasing a property for rental. – Residential mortgages can get […]
The NDP’s have declared their first new budget for Alberta. Although there doesn’t seem to be any major cuts on services, there are some taxes that we should be worried about. Watch the video above, or read further below for more information! Changes Addressing Families – Tuition Freeze for the next 2 years – $2,750 […]