Archive for February 2016

Since the 2008 financial crisis Canada’s federal government has taken several steps to cool the nation’s housing market; namely reducing the short-lived 40-year mortgages to today’s 25-year amortization period, and eliminating zero down mortgages to require homebuyers put down a minimum five percent. These measures didn’t do much to slow down a rapidly rising real estate market, particularly in…

When I started my online business I was concerned about how best to minimize taxes on any income earned. As the lone breadwinner in my family, any extra income earned outside of my day job is taxed at my highest marginal rate. I knew that one advantage of having a small business is the ability…