Mortgage Implications of the CEWS on Business Owners

What is the CEWS? The CEWS (Canada Emergency Wage Subsidy) is an economic stimulus package for businesses and business owners that have seen negative financial outcomes and revenue losses due to the Covid-19 Pandemic. During the pandemic, Ontario has suffered many economic hardships, which have been carried heavily by the small business owners that fuelContinue reading “Mortgage Implications of the CEWS on Business Owners”

What’s Up Wednesday

Short and concise info on the last week. Housing and Real EstateIn the latest housing numbers released by the Canadian Real Estate Association (CREA), year-over-year home sale prices up by 31.6%, overall sales March – March up 76.2%. Annually, land transfer numbers in Toronto are up by 11.2% from last year, and Hamilton leads withContinue reading “What’s Up Wednesday”

What’s up Wednesday

A short and concise informative report on the last week. Canada Wide Rate Offer Average:5 Year Fixed: 2.04%Variable: 1.35% Canadian Economy:Employment growth from March is strong, unemployment rate down to 7.5% (:west since beginning of pandemic) currently, Employment up 0.9% from previous month. Working from home decreased by 200,000 people in March, expected to riseContinue reading “What’s up Wednesday”

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