Oberoi Properties

https://www.bankofcanada.ca/2023/07/fad-press-release-2023-07-12/

Bank of Canada raises policy rate 25 basis points, continues quantitative tightening The Bank of Canada today increased its target for the overnight rate to 5%, with the Bank Rate at 5¼% and the deposit rate at 5%. The Bank is also continuing its policy of quantitative tightening.

Bank of Canada raises policy rate 25 basis points, continues quantitative tightening

Bank of Canada raises policy rate 25 basis points, continues quantitative tightening The Bank of Canada today increased its target for the overnight rate to 4¾%, with the Bank Rate at 5% and the deposit rate at 4¾%.

House flipper, beware of new ‘anti-flipping’ tax rules After Jan. 1, 2023, anyone who sells a property which they owned for less than 12 months will be considered to have ‘flipped’ the house and any profits will be taxed as business income.