Why Do We Pay Property Taxes?

Why Do We Pay Property Taxes?

Property taxes are levied to homeowners as a way to help maintain services in your community that ensure your neighbourhood continues to thrive and remain an attractive place to live and work.   Property taxes represent a key source of funding for municipalities...
Why’s Your Debt-to-Income Ratio Important?

Why’s Your Debt-to-Income Ratio Important?

A debt-to-income ratio (DTI) is a comparison of your monthly debt payments versus your monthly income. Lenders use this formula to determine how well you manage your monthly debt and your likeliness of repaying a loan. Debt obligations refer to such things as credit...
Tax Deadline Extended. But Should You Wait?

Tax Deadline Extended. But Should You Wait?

As part of the ongoing effort to assist Canadians facing negative financial effects from COVID-19, the federal government has granted an extension for filing your taxes.    The due date for personal tax filing has been extended from April 1st to June 1st, 2020,...