Under the standard REPC, the buyer takes possession of the property on the completion date. Typically, we receive the sale proceeds just before noon on the completion date. The first thing we do is pay out any encumbrances on your title (such as your mortgage) to ensure that interest stops. How long does it take […]
Author: Clint Curtis
How Much Is A Tow In Canada?
Average tow cost Some tow companies charge anywhere from $3 to $7 per kilometer. However, it depends on your location and what kind of tow truck you need to tow your car. Towing heavy duty objects can be more expensive. When it comes to towing, the cost can add up fast. How much does a […]
Did Nissan Extended The Warranty On Cvt Transmission Canada?
Nissan shortchanges owners Without any class action being filed, Nissan Canada doubled the warranty for all 2003-early 2010 models with CVT transmissions to 10yrs/200,000 km. Does Nissan extended warranty on CVT transmission? Drivers with this warranty get an extension on their original warranty specifically to cover problems within their CVT. Under the original warranty, Nissans […]
How Long Can A Dealership Hold Your Car For Repair In Canada?
30 days. Regardless of if your car is new or used, the car dealership has 30 days to repair your car as long as the vehicle is under warranty. This 30-day period does not have to be consecutive days. Can a mechanic hold your car Canada? If you don’t pay your repair bill, then your […]
Does Doing Your Own Oil Change Void Warranty In Canada?
Changing your own oil won’t directly void your manufacturer’s warranty. However, if your car is damaged as a result, the repairs needed won’t be covered by the manufacturer. If you’re going to do your own oil changes, make sure to use the type of oil recommended by the car manufacturer. Do I have to get […]
Why Does Canada Export Cars To The Us?
The United States Canadians drive American cars and delivery trucks, fuel them with American petroleum, and fix them with American car parts; petroleum and vehicle trade between the two countries is pretty reciprocal. We also import medicines, pesticides, fruits, appliances, and more from the United States. Why does Canada export so many cars? Canada’s auto […]
Who Pays Foreign Buyer Tax Canada?
The Non-Resident Speculation Tax (also referred to as the Foreign Buyer’s Tax) is a tax that certain foreign purchasers must pay at closing when buying a house anywhere in the province of Ontario or in certain B.C. regions. The NRST is 25% in Ontario and 20% in B.C. Do Canadian citizens pay foreign buyers tax? […]
How Can Foreign Buyers Avoid Tax In Canada?
There are some exemptions from the foreign buyer’s tax. These include being a confirmed B.C. or Ontario provincial nominee, purchasing a property on behalf of a Canadian-controlled limited partnership, or becoming a Canadian citizen or permanent resident within one year of buying the property. Is there a foreign buyers tax in Canada? The Non-Resident Speculation […]
Can The Government Seize Your Property In Canada?
Civil forfeiture is a process that allows government to seize property and other assets tainted by crime. These laws exist across Canada, and in Ontario civil forfeiture is governed by the Civil Remedies Act. Civil forfeiture laws were originally intended to deter crime and compensate victims. Can the Canadian government seize property? Federal Government Granted […]
How Do You Get A Mortgage As A New Immigrant In Canada?
Down payment without two years’ employment history You must have immigrated to Canada within 5 years. You must have permanent residence status. You must have a minimum of three months’ full employment in Canada. You may be required to obtain a letter of reference from your bank in your home country. Can newcomers to Canada […]
