AUGUST 2016
New foreign investor real estate tax
A single clause was all that was required. One that exempted citizens of countries with trade and investment agreements with Canada from the 15 per cent tax on purchases of Metro Vancouver residential real estate. The North American Free Trade Agreement (NAFTA) is just one such trade agreement.
Read full article Being an executor
Many of us have received a request from a friend or family member to act as the executor of their estate. Others may anticipate such a request in the future and some of us may already be acting as an executor.
Read full article Defensive investing, by the numbers
To use a baseball analogy for investing, a high percentage of singles and doubles provides a better result over time than the low probability strategy of swinging for the fences.
Read full article
The big puzzle in economics today: why is the economy growing so slowly?
The growth of the US economy keeps falling short of expectations. On Friday, we learned that the US economy grew at an inflation-adjusted rate of 1 percent in the first half of 2016. That’s the slowest six-month growth rate since 2012, and it continues the slow growth that has characterized the recovery since 2009.
Read full article
|