Vancouver’s mayor has announced that the city is looking at imposing a tax on vacant homes. Depending on how the proposed law is written this could increase the cost of domestic secondments and global assignments. However, we first have to remind ourselves of CRA guidelines for such assignments. What are the CRA Guidelines regarding assignments? […]
Just recently Vancouver’s rental vacancy rate was measured at being the lowest in the world at 0.6%. CMHC has not released its figures, so Toronto’s rate is not currently known (last year’s published rate was 1.6%), but it is expected to be low, although not as low as that of Vancouver. Single Family Detached Homes […]
Preparing your transferees for Peak Household Goods Shipment Season can be the difference between a make or break relocation.
Why does Peak Season matter? Peak Season is also the season where a transferee is more statistically likely to experience delays, poor service, damage or all three. Think about it this way. During the non-peak months, your transferee will get a team of three professionals helping them with their relocation. During peak season, teams get […]
Yes it is true, if a global assignee has brought their car seat from overseas, it may be illegal to use in Canada, and he or she may also be hit with fines and demerit points on their driving record if convicted. Transport Canada and Health Canada are concerned that parents and caregivers may not […]
On Saturday February 6, the Globe and Mail published an extensive article on the issue of home flipping in the Vancouver market. In it, the Globe investigation further casts suspicion on irregular market forces creating a bubble in the Vancouver housing market. Just as importantly, the article has caught the attention of a Vancouver MLA who is […]