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Bank of Canada Publishes First Summary of Deliberations

Bank of Canada Publishes First Summary of Deliberations

by Karen Wotherspoon | Feb 17, 2023 | Announcements, Economy

In its very first summary of deliberations released this month, the Bank of Canada (BoC) pointed to a tight labour market, strong GDP growth and the risk of inflation getting stuck above 2% as the rationale for raising its key rate by a quarter of a percentage point...
Multi-Generational Home Renovation Tax Credit Available

Multi-Generational Home Renovation Tax Credit Available

by Karen Wotherspoon | Feb 3, 2023 | Blog, Finance, Homeownership

The federal government is providing a new tax credit to help make it easier for Canadians to care for adult relatives in their own homes. The multi-generational home renovation tax credit took effect January 1st for expenses related to building a secondary suite for a...

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