Moncton One Of Top
Five Safe Havens For Real Estate In
Canada
Canadian Real Estate
magazine has selected Moncton as one of the Top 5 Safe Havens for
Real Estate in Canada. Here is the list of the Top 5 Safe Havens -
‘low-risk investment areas’ in Canada: 1. Victoria
2. Winnipeg 3. Kitchener Waterloo
4. Barrie 5. Moncton
Home Renovation Tax Credit Plan
I'm sure you are
curious about what is entailed in the Federal Government’s New "Home
Renovation Tax Credit Plan" announced earlier this year. Here
is the link to the site should you wish to review the site your
self.
First Time Home Buyer Plan Withdrawal Limit
Increase
The 2009 Federal Budget introduced the following
changes affecting Retirement Savings Plans (RSP):
The Home Buyers’ Plan (HBP) maximum withdrawal limit
has been increased to $25,000 from $20,000 for withdrawals made
after January 27, 2009.
Additional
Information:
How
much can I withdraw from my RRSP under the HBP?
For
withdrawals made afterJanuary 27, 2009,
the maximum amount that you can withdraw from your RRSP to purchase
or build a qualifying home without having to pay tax on the
withdrawal is $25,000.