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Buying a home in Canada as a non-Canadian

CIC News Buying a home in Canada as a non-Canadian The Prohibition on the Purchase of Residential Property by Non-Canadians Act was passed in parliament in June 2022 and came into effect on January 1 this year. Broadly speaking, the new regulations will prohibit the purchase of a residential property by any foreign investor who…

Housing in Canada: Reviewing shifts in the Canadian housing landscape over the last decade

CIC News Housing in Canada: Reviewing shifts in the Canadian housing landscape over the last decade Statistics Canada (StatsCan) recently released its latest report on the state of housing in Canada, based on its 2021 Canadian Housing Survey. This report, which details and analyzes changes and trends in the country’s housing market between 2011 and…

Here’s everything you need to know about filing your Canadian taxes on time

CIC News Here’s everything you need to know about filing your Canadian taxes on time Filing taxes in Canada is required for most individuals and families. Even if you are not required to file taxes, it can be helpful, so that you may be able to take advantage of certain tax credits to add to your savings.…