Today's special guest is Maricel Ramos, a Certified Financial Planner in the Greater Toronto Area, who provides an introduction to financial and tax planning for business owners. Learn about tax and succession planning for business, whether you own a sole proprietorship, or a large or small company. Maricel Ramos can be reached at 647-862-5280.
We interview Vadim Koltsov, director of Mississauga Fine Arts Academy. Find more information at https://www.facebook.com/MississaugaFineArtsAcademy/ or call direct at 905-276-0251
Special guest Robin Singh of Sandler Training explains how sales professionals can understand four basic personality types to increase sales. Podcast listeners get a free e-book "Why Salespeople Fail, and What You Can Do About It" by submitting your name & email to Robin. Also, one lucky listener will win a free Sandler 10 week course! Reach Robin at email@example.com, or call direct 647-988-1037.
The Canadian government allows first time buyers of real estate to withdraw money from their Registered Retirement Savings Plans, tax-free, to help with the down payment. The withdrawal amount was recently increased from $25K to $35K per person. We explain briefly how the system works, including the requirement to pay back the funds over a 15 year time frame.
We review something new from the Canadian government pertaining to real estate and home ownership - the "First Time Buyers Incentive". Due to take effect in September 2019, this proposes an interest free loan for first time real estate buyers, of up to 5% on an existing property, and of up to 10% on new build construction, which would only be repayable when the property is sold. Certain restrictions apply.
We talk with Marie Beckles, independent associate with LegalShield, and discuss some of the innovative features and benefits of this monthly legal plan. Marie can be reached at 416-576-3289 or at firstname.lastname@example.org
We look at trends in the Toronto real estate market, and explain that despite warnings from the doomsayers, the market will not crash in 2019. Hear how the 3 "pillars" that are holding it up remain in place, and that while they do, the market will continue upwards. Video at https://www.youtube.com/watch?v=qFBAbEOHdhc transcript: https://bit.ly/2VufkcS
Our special guest today is Sherry Love, a senior mortgage specialist with Scotiabank, and we discuss the "Stress Test", which is a bank requirement for people applying for residential mortgages in Canada. Sherry explains how this works - how people must now qualify at a higher rate than the actual mortgage that they are getting.
We compare the Toronto real estate market slump with the slowdown that Vancouver experienced, after both cities implemented a "foreign buyer tax". Will Toronto follow Vancouver's lead, where the slowdown lasted for eight months? Watch the video at https://www.youtube.com/watch?v=acPFHd8qy1w
We discuss one component of the recent Ontario government real estate initiatives - changes to the Rent Control Act. Find out how premier Kathleen Wynne has not addressed the essential problem here, and why this will only contribute to higher rents in the future, in the Greater Toronto Area. Video at https://youtu.be/1Zed2cVINqE
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