Compliments of your Kelowna Mortgage Broker The federal budget released yesterday contains a few items of interest to those in the residential construction industry. In summary, they are as follows: Home renovation tax credit: Homeowners can claim a non-refundable 15% tax credit on eligible home renovation costs incurred and paid after January 27, 2009, [...]
Compliments of your Kelowna Mortgage Broker… The current recession will be characterized by de-leveraging by households and corporations. Household credit will be little changed in the course of the coming 12 months, and for the first time in many years the very important debt-to-income ratio will stop rising. The most notable softening will be seen [...]
brought to you by your ”Kelowna Mortgage Broker” DAVID FRIEND THE CANADIAN PRESS Canadians should brace themselves for another year of economic woe that could top the misery that unfolded in the latter half of 2008, according to some of the country’s leading bank economists The flood of dire financial challenges facing the United States is [...]