Archive for December, 2009

Touted as a panacea for Ontario’s ailing economy but condemned by others as the biggest cash grab in the province’s history, the harmonized sales tax will likely have more than a few people scratching their heads when it takes effect next July.

25 York Street is a 30-storey tower features 780,000 square feet of premium office space next door to Union Station, the transportation hub of the city, where some 60 million commuters walk through its doors each year. That location, Mr. Menkes says, made it ideal to build it to Leadership in Energy and Environmental Design (LEED) standards.

As economists and investors debate with increasing vigour about when the Bank of Canada will raise interest rates from their current rock-bottom level, the effect such a move could have on the loonie may mean borrowing costs have to stay where they are well into the recovery.

Federal Finance Minister Jim Flaherty said late last week that the government is ready to make changes in mortgage requirements if the current boom in housing sales starts turning into a bubble.

People make a lot of mistakes, avoidable mistakes, when they’re building or renovating a home. Those mistakes begin at the planning phase – when the homeowners are developing the layout with a designer or architect.