Real Estate
B.C. NDP Budget 2026 : Rethinking B.C.’s Property Tax Deferral Program
For years, B.C.’s Property Tax Deferral Program was a quiet planning advantage to increase cash flow for what matters, achieving your goals. The Regular Program allowed anyone over the age of 55 to preserve their liquidity at a very modest interest rate. The newly released 2026 NDP budget changes the math drastically so the strategy…
Will High Inflation Lead to a Real Estate Crash?
After a decade in different banking careers, I’ve heard many stories from older clients that lived through a long forgotten time of high inflation and high interest rates in Canada. Everyone seems to remember a story of someone that could not afford their mortgage payments, which resulted in them leaving their keys under the doormat…
Deferring Property Tax in British Columbia
During the Christmas break, every homeowner across BC would have received their new property assessment for 2022. Everyone that I have spoken with is awestruck by the enormous gains that they have experienced (on paper), which will only increase their upcoming property tax bill in July. Homeowner’s in Greater Victoria are experiencing an average assessed…
The Bank of Mom & Dad : Open For Business?
Housing affordability in Canada is always a debated topic. On one side of the argument you have the older generation, who are already home owners. This population has been able to add to their wealth simply by owning the home in which they have lived for decades. On the other side of the argument you…
Adding Adult Children to Real Estate
It is very common for people to believe that they are making the best decision by adding their children as joint owners onto their real estate to potentially save some money and help streamline their estate. The two most common types of real estate are principal residences and rental properties. It may make sense for…
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