Cottage-buying strategies for forward-thinking families
Many of us dream of owning a vacation property one day. But even before finding a real estate agent, perhaps it could be wise to call a financial advisor.
You may have heard about the Underused Housing Tax, an annual 1% tax on owners of vacant or underused residential property in Canada. While the tax mostly applies to non-residents of Canada, there are situations where it could apply to Canadian owners as well. How do you know if you may be affected? Georgia Swan, Tax and Estate Planner, TD Wealth, joins Kim Parlee to answer that question.
Ottawa released its 2023 federal budget aimed at building on Canada’s green energy transition while addressing cost-of-living concerns. Greg Bonnell speaks with Derek Burleton, Deputy Chief Economist at TD, about the government’s effort to balance spending demand with fiscal restraint.