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  1. Permanent immigration to get easier for French and English speakers, those with Canadian siblings

    other In an effort to attract more skilled foreign talent, Canada is making it easier for applicants with siblings in Canada and those who are bilingual in French and English to immigrate permanently. As of June 6, 2017, qualifying applicants will receive an advantage in Express Entry, Canada’s online system for inviting immigrants to apply for […]

  2. B.C. court rules notary public is responsible for tax owed by buyer

    Irina Sfranciog and Rachael SegalREM In Canada, resident sellers of a principal residence are usually eligible for an exemption from the capital gains tax that would otherwise be triggered by the sale of a principal residence. Non-resident sellers must pay a capital gains tax of 25 per cent on the profits from the sale of […]

  3. Court Ruling Increases Risks to Realtors and their Clients

    Deborah Uptonother   Based on a recent action by CRA and a BC Court decision, we need to make you aware of some important steps to take to protect yourself. Here is an excerpt from a media release about the recent BC Court ruling: “This ruling targets a weakness in Canadian laws that often leads foreign […]

  4. CRA is coming…

    other Here is the new form and the new rule relating to the sale of real estate.Taxpayers must NOW REPORT the sale of their home on their tax return.If you’re claiming an exemption from the capital gains tax, in the past that exemption was automatic. The CRA will have authority at assess capital gains taxon real estate that […]

  5. CRA Whistle Blower program – Federal programs tackle offshore avoidance evasion

    JARED LINDZONThe Vancouver Sun A vast majority of Canadians pay their fair share of taxes, but those who don’t put an increased burden on the rest of us. That is why the Canada Revenue Agency (CRA) has implemented initiatives to help Canadians participate in the efforts to help fight offshore tax avoidance and evasion. The […]

  6. 2017 Property Assessment Notices

    other Property owners in BC will start to receive 2017 property assessment notices in early January 2017. These notices are prepared by BC Assessment, a provincial Crown corporation that classifies and values all real property in British Columbia. Visit the BC Assessment website to learn more about assessment notices (link is external) and property values […]

  7. New program partners with first-time homebuyers as they enter the housing market

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  8. What happens when there is a fire before the property completes

    WHEN DISASTER STRIKES Jennifer Cleeother What happens when a property is damaged by fire before completion? Must the buyer complete or can the buyer walk? What if the buyer wants to complete with a price adjustment? A buyer’s options will depend upon a myriad of factors including the law, facts, contract terms and the parties’ […]

  9. Owner-builders liable for poor construction

    Bcreaother Since the last Legally Speaking on this topic,1 the Supreme Court of British Columbia has awarded significant damages against two owner-builders for poor construction. The provincial government has also raised the threshold for the owner-builder exemption. Since July 1, 1999, unless an exemption applies, every new home in British Columbia must be built by […]

  10. West End Community Plan

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