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Canada Emergency Commercial Rent Assistance program released

on Fri, 04/24/2020 - 15:03
We have now the details on the Canada Emergency Commercial Rent Assistance that the Prime Minister’s Office had released
 
First and foremost, this is a loan program.
 
Businesses will be able to apply for amount to cover 50% of their three monthly commercial rent payments during April, May and June.
 
Of course, the most important part is always whether you qualify, your business will be eligible if:
- You are paying less than $50,000 per month in rent 
- You have temporarily ceased operations or have experienced at least a 70% drop in pre-COVID-19 revenues.
 
With you landlord’s

To buy or to rent?

on Mon, 03/07/2016 - 10:56

Been having more and more discussions with clients, prospects and associates on housing prices and whether is it a good time to buy properties in the last year and half. 

Since a good couple of years, many of us had been saying the house prices are very high and that the housing bubble will be boosted. 

My viewpoint, as a financial advisor, is that, this is not a good time to buy. Regardless whether you think there is a bubble or not.

<-- Housing prices verses the multiple of an average Canadian family is at all time high.