Ontario caps rent increases below the rate of inflation

Credit to Author: Edana Robitaille| Date: Thu, 20 Jul 2023 12:00:19 +0000

On June 29, the Government of Ontario announced it would cap rent increases for 2023 at 2.5%. Each year, Ontario releases a rent increase guideline that landlords can then use to raise the cost of tenants’ rent by a specific percentage to align with the cost of living. The province typically uses Ontario’s Consumer Price […]

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How to rent your first apartment in Canada

Credit to Author: Julia Hornstein| Date: Sun, 11 Jun 2023 13:00:38 +0000

Many newcomers to Canada choose to rent accommodations versus buying property upon their arrival. Finding a new home can be stressful, so this article will provide the basics for you to understand the process of renting in Canada. Discover if You Are Eligible for Canadian Immigration How to find your rental You can search for […]

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Moving to Canada: Top 10 Pre-Arrival Checklist (Part 1)

Credit to Author: TD| Date: Wed, 03 May 2023 11:00:56 +0000

Moving to a new country is a big step and being well-prepared can make all the difference. If you’re planning a move to Canada, there are a lot of things to consider before you arrive, from gathering the necessary documents to finding a place to live and preparing for employment. To help you make a […]

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Tools for finding your first home as a newcomer to Canada

Credit to Author: Julia Hornstein| Date: Thu, 27 Apr 2023 13:00:54 +0000

As a newcomer to Canada, one of the first things you will need to do is find a place for you and your family to call home. For most people new to Canada, your first home may likely be a rented house or apartment. Discover if You Are Eligible for Canadian Immigration Canada’s housing market […]

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Buying a home in Canada is now easier for newcomers

Credit to Author: Edana Robitaille| Date: Tue, 04 Apr 2023 13:00:41 +0000

Canada’s government is making it easier for newcomers, as well as Canadians, to purchase a home. Last week, the government announced it was reducing some of restrictions of an Act that made it difficult for non-Canadians to purchase residential property. Also, as of April 1st, financial institutions are now able to offer tax-free first-home savings […]

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Buying a home in Canada as a non-Canadian

Credit to Author: Edana Robitaille| Date: Fri, 13 Jan 2023 13:00:10 +0000

The Prohibition on the Purchase of Residential Property by Non-Canadians Act was passed in parliament in June 2022 and came into effect on January 1 this year. Broadly speaking, the new regulations will prohibit the purchase of a residential property by any foreign investor who is not a Canadian citizen or permanent resident. The regulations […]

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Housing in Canada: Reviewing shifts in the Canadian housing landscape over the last decade

Credit to Author: Vimal Sivakumar| Date: Fri, 23 Sep 2022 11:00:18 +0000

Statistics Canada (StatsCan) recently released its latest report on the state of housing in Canada, based on its 2021 Canadian Housing Survey. This report, which details and analyzes changes and trends in the country’s housing market between 2011 and 2021 revealed that this past decade has seen several notable shifts in areas such as rentals […]

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I’m a Newcomer Searching for Housing in Canada: Should I Rent or Buy?

Credit to Author: CanadaVisa| Date: Mon, 21 Mar 2022 17:48:41 +0000

CanadaVisa and Scotiabank are pleased to host a free webinar dedicated to newcomers called Finding Housing in Canada as a Newcomer: Should I Rent or Buy? The webinar is taking place on May 18 at 9 AM Eastern Time.  Sign up to this free webinar! What will I learn? Moving to Canada is very exciting! […]

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