Tim Horton now in the USA
Well to all the coffee lovers in Canada traveling the USA I have great news for you. Tim Horton’s that is now in the USA. There are already a few Tims in the USA, but more will be implemented, new competition to Dunkin Doughnuts. Until next time Antonio
read moreCanadians it’s time to by USA, currency that is!
If you’re reading this, chances are you found this site thru Google or another search engine inquiring if this is the right time to buy US currency. Personally, I say yes all the way. With the US economy slowly recovering this is probably one of the best times to buy US currency if you ever plan to take a trip, or buy property or land in the USA since eventually our Canadian dollar will be worth less. Of course I could be wrong, bat as the past as shown us time and time again, when our Canadian dollar goes up in value, it eventually goes does again. Now let’s look at...
read moreCanadian house prices could go down
Now in Canada, the mortgage interest rates are going even lower, to a new low 2.99% for a 5 year fix with the Bank of Montreal,which in thus will probably increase the house prices on the market today. Now you may say “Well that’s great isn’t it?” Well in short, NO. For now it’s true it is a good thing, but like the old saying says, ” what goes up must go down”. Now more than ever, Canadians are buying homes that if the interest rate was, for example 5%, they could not afford, which is scary, since mortgage rates will go eventually back up which...
read moreCanada corporate tax rate reduced again
Well its a new year, and the federal government has reduced again the federal tax rate for corporations to new low 15%, from 16.5% in 2011 (and it was 18% in 2010). While some of you may say this is a great way to get more foreign investors to open companies in Canada, is still does not help workers to receive better salaries or even benefits, which in thus is not helping the federal government to receive more income (tax revenue) What the federal government is creating is allowing companies to come to Canada and not having to pay their fair share in taxes, therefore leaving the...
read moreMake cash like a landlord with no BS.
With the economy being more fragile than ever, and not knowing what tommorow holds some investors are looking into investing in real estate propreties to get more of a stable income. But did you know that being a actual landlord has some cons as well such as Having to maintaing the building Having to find quality tenants If you do have a tenant that does not pay his rent then the only solution is a costly civil case in court which may not be worthwile Having to put down 20% on the rental proprety for a mortgage But there is another solution to this, and it’s call REITs (Real Estate...
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