Blog by DOINA BIOLAN B.Comm

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Home prices in Canada

August 28th, 2013
Canadians’ homes are getting less affordable, but we still keep buying   Julian Beltrame, Canadian Press | 13/08/27 | Last Updated: 13/08/27 7:36 AM ET   OTTAWA — Home ownership has become less affordable for the average Canadian, but that hasn’t stopped many from jumping into what may already be an overpriced market, suggests a new report from the Royal Bank.   Why there's no r ...
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CANADA HOUSEHOLD DEBT RATIO

June 26th, 2013
  Canada Household Debt Ratio Falls for Second Time From Record By Theophilos Argitis - Jun 20, 2013 8:30 AM ET   The ratio of Canadian household debt to disposable income fell for a second quarter after reaching a record last year, suggesting consumers are heeding warnings about the risks of too much borrowing. Credit-market debt such as mortgages fell to 161.8 percent of dis ...
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Biggest Flooding in Calgary since 1930's

June 21st, 2013
It looks like the worst is yet to come...the City just announced that Deerfoot Trail, the main highway from N-S witll close later tonight. I am praying really hard that Glenmore Reservoir will hold on and not break, that will be even more devastating. Losing the potable water is the worst that can happen, after all this..Pray, everyone...just pray..
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Calgary distroyed by flooding

June 21st, 2013
I never thought that I would live to see the day that Calgary will be under the state of emergency due to severe flooding..I went to see my doctor today and I could not stop crying all the way home, seeing all the devastation. I live in McKenzie Towne, not affected by the flooding. However, many roads are closed, downtown is under water, Princess Island Park under water, all around Stampede, ...
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AMAZING WEATHER...but dirty streets

May 14th, 2013
Yesterday i visited frinds in McKenzie towne, and their trees in front of their home looked sad and grey. Not even one day has passed by and today the tree is full of green leaves and the tree's little white buds are ready to bloom. When did that happen? I am still waiting for some rain, Calgary is so dry and dusty! In top of everythin, the City failed to clean the streets. There is gravel ev ...
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BOND RATES MAY 01 2013

May 1st, 2013
•           TSX +143.83 to 12345.50    •           DOW +21.05 to 14839.80 •           Dollar +0.43 to 99.29 •           Oil -1.42  to 92.99 •           Gold -1.80 to 1471.80   *these numbers have been taken from  www.tmxmoney.com  at 8:05 AM EST   Canadian 5 year bond yields markets +0.01 to 1.17 The spread  is WITHIN the comfort zone at 2.02  http://www.investing.com/rates-bo ...
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Income tax time

April 22nd, 2013
The dateline for filling income taxes is approaching fast. For everybody out there that hasn't done it yet, it is time to see you tax accountant. Don't forget all your T4's, RRSP slips, charity receipts, GST returns, flow-through shares T5013 A's, list of all your deductions, medical expenses. Last, but not least, take your checkbook with you and pay the taxes you owe on the spot.
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FLIPPING CONDOS?

April 22nd, 2013
Get ready condo flippers, Canada Revenue Agency is hunting you Garry Marr | 13/04/20 | Last Updated: 13/04/20 11:09 PM ET More from Garry Marr | @DustyWallet http://business.financialpost.com/2013/04/20/get-ready-to-pay-income-tax-on-your-condo-profit/ Editor’s Note: This story has been altered to correct the identity of Robert Kepes, a Toronto tax lawyer at Morris Kepes Winters wh ...
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SUNNY DAY IN CALGARY

April 19th, 2013
A gorgeous day in Calgary and the prospect of a short trip out west is making me smile again, in spite of a long work week. I can wait to see friends i haven't seen in more than a year and check out a few contemporary restaurants. However, i have a very hard time deciding what present should i get for my friend.. Something more personal or just a present for her home? Hmm.. maybe I will know ...
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CALGARY LUXURY HOMES MARKET

April 19th, 2013
CALGARY — Calgary is one of Canada’s most robust markets for luxury homes and the baseline entry point for a luxury single-family home is $2 million, which is in line with that of Toronto, says a report by Sotheby’s International Realty Canada. The Top Tier Trends Report: A Comparative Survey of Canada’s Luxury Real Estate Market said the features and amenities in Calgary reflect ...
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