(778) 668-9320 scott.dawson@verico.ca

New Home HST Calculator

Those who buy or build new homes, or substantially renovate their homes, are eligible for an HST rebate of up to $26,250. To find out how much tax you will pay on new housing before and after July 1st, enter the price in the new home HST calculator. Those who buy...

Inflation rate falls to 1.4% in May

The Globe and Mail is reporting today that the rate of inflation has fallen to 1.4% in May. Annualized inflation dipped four-tenths of a point to 1.4 per cent last month, and the central bank’s core index slipped one notch to 1.8 per cent, well below the...

How can you pay off your mortgage sooner?

How can you pay off your mortgage sooner? There are several ways to reduce the number of years to pay down your mortgage. You’ll enjoy significant savings by: • Selecting a non-monthly or accelerated payment schedule • Increasing your payment frequency schedule •...

News Wrap

Canada’s Regional Economic Momentum to Continue Virtually every province and sector of the Canadian economy has rebounded sharply, building on the momentum that first emerged in the latter half of 2009 and accelerated into 2010, according to Scotia...

News Wrap

CMHC Releases May Housing Starts The seasonally adjusted annual rate(1) of housing starts was 189,100 units in May, according to Canada Mortgage and Housing Corporation (CMHC), down from a revised 201,800 units in April. Read more: Privacy commissioner says mortgage...

Brokers Building Community

On June 10th & 11th I will be joining a group of Mortgage Brokers from different companies in and around the Vancouver area and Habitat for Humanity to work together and help build a home for a family in need. The goal is to raise $15,000 and help to build...

News Wrap

Bank of Canada rate bump not necessarily a harbinger of hikes to come On the same day the Bank of Canada bumped its key lending rate up, a major chartered bank edged a key mortgage rate down, moves that reflected the continuing uncertainty in world financial markets....

Bank of Canada Raises Interest Rates

The Bank of Canada today announced that it is raising its target for the overnight rate by one-quarter of one percentage point to 1/2 per cent. From the Bank of Canada press release, The global economic recovery is proceeding but is increasingly uneven across...