Author: Darrel Pratt

What is included in property taxes and how often they are paid will depend on the municipality in which you live. Payments might be made annually, semi-annually or quarterly. Do you pay property taxes monthly? Every homeowner pays taxes based on their home’s value and the property tax rates for the county or city. Most […]

Do I have to pay taxes on the real estate agent commission? Yes, the seller has the pay HST in Ontario on the real estate agent commission. Is real estate commission tax deductible in Canada? You can also deduct amounts paid or payable to agents for collecting rents or finding new tenants. If you paid […]

How You Can Sell Your Home Privately 1) Get the Paperwork Ready. You’re going to need a stack of paperwork prior to the sale. 2) Maximize Your Home’s Value. A little work goes a long way. 3) Determine the Value of Your Home. 4) Market Your Home. 5) Show Your Home. 6) Considering & Accepting […]

You can do this by either buying out the other partner, or by remortgaging the property and removing the other person’s name from the mortgage. Alternatively, you can transfer the equity to the remaining owner. A standard clause is included in the purchase contract. A full appraisal of the property will be necessary. How do […]

In 2021, base wage increases in Canadian collective agreements were well below inflation for all provinces, falling short by an average of 1.5 percentage points. Is minimum wage affected by inflation? Minimum wages in seven states will rise in January 2023 based on the 8.3 percent increase in inflation over the past year, as reported […]

Completion of a college program or university degree in law and security or in the social sciences is usually required. A three- to six-month police training program is provided. Physical agility, strength, fitness and vision requirements must be met, and psychological or other tests may also be required. How many years does it take to […]

Canadian permanent residents You don’t need an eTA or a visitor visa if you’re a Canadian eTA. However, you must travel with a valid permanent resident card or permanent resident travel document. Can permanent residents enter Canada without a visa? Permanent residents of the United States need a valid Alien Registration Card and a passport […]

$27,300 per year. The average waiter waitress salary in Canada is $27,300 per year or $14 per hour. Entry-level positions start at $24,395 per year, while most experienced workers make up to $32,499 per year. Do servers make good money in Canada? The average salary of Waiter/Waitress in Canada is $27,530. How much does a […]

However, a lump sum, such as a bonus, must be taxed at the marginal rate—the tax rate that applies to the next dollar of earnings. This may sound very expensive, but it’s actually fair. The bonus is taxed as regular employment income based on graded tax rates in the year of admission. Do bonuses get […]

Intact Financial Corporation. Intact Financial Corporation is the largest provider of P&C insurance in Canada, and is also a major provider of specialty insurance in North America. Who is the largest property and casualty insurer? State FarmIndustry behemoth State Farm remains the largest property and casualty insurer in the US, controlling almost 9% of the […]